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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Newark at 308 Shisler Ct, Newark, DE, 19702 priced at $625,000 converts $3,752/mo rent into $136/mo cash flow after a $3,059/mo obligation. Total monthly income equals $3,752/mo, and annual cash flow totals $1,629/yr on $205,625 invested. Return on cash invested prints 20.85% in year one, and rental yield reads 7.2% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 107.33% and total cumulative return in cash sums $220,705. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,752/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19702, Newark, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,212 (100%) |
| Owner Occupied HU | 14,557 (65.5%) |
| Renter Occupied HU | 6,887 (31.0%) |
| Vacant Housing Units | 768 ( 3.5%) |
| Median Home Value | $366,125 |
| Average Home Value | $375,328 |
Residential
21,602
Single Family
19,437
Multi-Family
2,165
Businesses
1,132
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Wayne West • BHHS Fox & Roach - Hockessin
Mls Name: Bright MLS
Mls ID: #DENC2091088
