339 Pierce Run, Newark, DE, 19702 | $982/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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339 Pierce Run, Newark, DE, 19702 | $982/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 Newark at 339 Pierce Run, Newark, DE, 19702 priced at $499,000 converts $3,869/mo rent into $982/mo cash flow after a $2,442/mo obligation. Total monthly income equals $3,869/mo, and annual cash flow totals $11,785/yr on $165,419 invested. Return on cash invested prints 27.03% in year one, and rental yield reads 9.3% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 140.54% and total cumulative return in cash sums $232,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,869/mo property income covering a $2,442/mo payment, not borrower’s personal income.

Townhouse

Built in 2009

3,920 sqft lot

$N/A/sqft

No HOA

More details about the property

Comfortable Living in a Well-Maintained Carriage Home in Fox Run Meadow (55+ Community) Welcome to this thoughtfully cared-for 4-bedroom, 2 full and 2 half bath Carriage-style home located in the desirable Village of Fox Run Meadow, a 55+ active adult community. This home has been lovingly maintained over the years and offers a perfect blend of comfort, space, and convenience in a peaceful setting. From the inviting stone-accented exterior to the spacious interior, this home offers strong curb appeal and a practical layout. The 2-story foyer opens to a warm and welcoming floor plan with hardwood flooring throughout the main level. The kitchen is well-equipped with 42 cabinets, granite countertops, a tile backsplash, stainless steel appliances, a pantry, and a center island with bar seating. A cozy eat-in area and a mini butlers pantry add extra function, all while overlooking the living and family rooms. Laundry space completes this level. Step outside to enjoy the low-maintenance composite deck with tranquil views of the surrounding natureperfect for morning coffee or evening relaxation. The first-floor primary suite features a ceiling fan, a large walk-in closet, and an en-suite bath with a walk-in shower, and double sinks. Upstairs, youll find a spacious loft ideal for a home office, reading nook, or additional living area, along with three generously sized guest bedrooms and a full bath. The walk-out basement is partially finished and includes recessed lighting, a powder room, and flexible space for entertaining or hobbies. Two unfinished areas offer additional storage options. The two-car garage adds even more convenience. Living in Village of Fox Run Meadow means enjoying a low-maintenance lifestylelawn care and snow removal are includedwhile still having the freedom to personalize your space. The community offers scenic walking paths and a quiet atmosphere, yet its close to Route 40, dining, shopping, and medical facilities. Additional features include a Rain Soft Water system and upgraded flooring. If youre looking for a well-kept home in a welcoming 55+ neighborhood, this one is ready to welcome you.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19702, Newark, DE area.

Housing Distribution

Housing Statistics

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