3600 Rustic Ln APT 211, Wilmington, DE, 19808 | $602/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3600 Rustic Ln APT 211, Wilmington, DE, 19808 | $602/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
2082 sft

124 Woodall Rd, Perryville, MD, 21903

3 Bed
2 Bath
1500 sft

1000 Fountainview Cir APT 316, Newark, DE, 19713

Airbnb Potential+ 2 more

2 Bed
2 Bath
720 sft

1489 Carpenters Point Rd, Perryville, MD, 21903

3 Bed
1 Bath
1350 sft

700 Kilgor Ct, Newark, DE, 19702

Nearby investment properties with comparable prices

3 Bed
3 Bath
1750 sft

15 Peach Rd, Elkton, MD, 21921

2 Bed
2 Bath
1025 sft

1000 Fountainview Cir #1113, Newark, DE, 19713

2 Bed
1 Bath
2976 sft

2100 Singerly Rd, Elkton, MD, 21921

1 Bed
1 Bath
780 sft

3600 Rustic Ln APT 211, Wilmington, DE, 19808

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wilmington at 3600 Rustic Ln APT 211, Wilmington, DE, 19808 uses $65,969 cash to close to unlock $7,219/yr annual cash flow and $602/mo monthly cash flow. Total monthly income runs $1,753/mo, and a $974/mo payment keeps the spread at $602/mo. Purchase price stands at $199,000, and rental yield measures 10.57% with $1,753/mo rent. Return on cash invested shows 30.85% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 161.03% and total cumulative return in cash records $106,230. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,753/mo property income covering a $974/mo payment rather than investor’s personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully renovated, first floor Condo in Linden Knoll, in the heart of Pike Creek! True ONE FLOOR LIVING on this main floor unit, NO STEPS to worry about and you can walk right into the unit from the parking lot and bypass the main security door. Fully renovated 1 bedroom and 1 full bathroom with new LVP flooring, new paint and lighting fixtures, new bathroom with tile surround shower, new toilet and vanity, huge bedroom with a massive walk-in closet complete with brand new carpets! The kitchen has also been fully renovated with new cabinets, counters, SS appliances and tile back splash. There is also a cute little porch off the living room with a slider, storage closet, new flooring and access to the outside and the common areas. This is a great little unit and ready to go. The $310/mo condo fee covers all the exterior building maintenance, common areas, parking lot, water/sewer, trash and snow removal and access to the club house with pool and tennis. Lots to offer and you cant get into Pike Creek for under $200k.

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