319 Washington St, Delaware City, DE, 19706 | 4.68% Rental Yield

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Total monthly income runs $1,620/mo, and a $2,031/mo payment. Purchase price stands at $415,000, and rental yield measures 4.68% with $1,620/mo rent. Return on cash invested shows 13.1% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 65.77% and total cumulative return in cash records $90,477. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $2,031/mo payment rather than investor’s personal income.

Multi Family

Built in 1910

4,356 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19706, Delaware City, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	806 (100%)
Owner Occupied HU	629 (78.0%)
Renter Occupied HU	130 (16.1%)
Vacant Housing Units	47 ( 5.8%)
Median Home Value	$334,459
Average Home Value	$337,631