3601 Hewn Ln APT 526, Wilmington, DE, 19808 | $160/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3601 Hewn Ln APT 526, Wilmington, DE, 19808 | $160/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

Investment property for sale in Wilmington at 3601 Hewn Ln APT 526, Wilmington, DE, 19808 uses $66,267 cash to close to unlock $1,917/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,316/mo, and a $978/mo payment keeps the spread at $160/mo. Purchase price stands at $199,900, and rental yield measures 7.9% with $1,316/mo rent. Return on cash invested shows 22.8% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 117.83% and total cumulative return in cash records $78,085. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,316/mo property income covering a $978/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

Welcome home to this fully renovated and spacious one-bedroom, one-bath condo located in the desirable community of Linden Knoll. This unit has been fully updated with high-end finishes throughout, including premium solid walnut engineered flooring and modern neutral tones. The inviting living room features a sliding door to the enclosed balcony, perfect for relaxing or enjoying morning coffee. A separate dining area and large storage closet add convenience and functionality. The gourmet kitchen showcases premium white cabinetry, quartz countertops, a custom tile backsplash, and new premium GE stainless steel appliances. The spacious bedroom offers ample closet space, while the fully updated bathroom features custom tile flooring and shower surround, brushed nickel hardware, and all new fixtures. Enjoy the convenience of an in-unit laundry area and abundant natural light throughout. Dont miss this move-in ready condo offering luxury and comfort in a prime location! $310/month 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 community room, pool, and tennis court.

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