337 Nicholas Ct, Wilmington, DE, 19808 | $466/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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337 Nicholas Ct, Wilmington, DE, 19808 | $466/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Wilmington at 337 Nicholas Ct, Wilmington, DE, 19808 priced at $449,999 pairs $3,070/mo rent with $466/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,070/mo, and annual cash flow comes to $5,589/yr on $149,175 invested. Return on cash invested is 23.66% in year one, and rental yield stands at 8.19% on a $449,999 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,326 by year five. Five-year ROI measures 122.41% and total cumulative return in cash reaches $182,597. For financing, Ziffy Mortgage’s DSCR program evaluates $3,070/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1995

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 337 Nicholas Ct, located in Newark, DE! This charming 3 bedroom 2.5 bath home offers an exceptional blend of comfort and convenience, making it a perfect choice for families or individuals seeking a vibrant atmosphere. The property features spacious, sunlit living areas, a kitchen perfect for culinary adventures, and well-appointed bedrooms designed to provide a restful retreat. The backyard offers a great space for outdoor entertaining or enjoying a quiet afternoon backing to the wooded area filled with a beautiful nature setting. Showing will start November 8th more pictures to go Situated in a sought-after neighborhood of English Creek, this home is conveniently close to local schools, parks, and shopping centers, ensuring easy access to all your daily needs. Don't miss the chance to call this lovely property your new home. Contact us today to schedule a private tour and discover all that 337 Nicholas Ct has to offer! Thank you for your interest sellers are finishing up painting and installing new floors in the kitchen bathrooms and 2 bedrooms Pictures will be up soon

Neighborhood Data

Neighborhood data shown for ZIP Code: 19808, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,494 (100%)
Owner Occupied HU	13,153 (79.7%)
Renter Occupied HU	2,708 (16.4%)
Vacant Housing Units	633 ( 3.8%)
Median Home Value	$373,988
Average Home Value	$392,522