3606 N West St, Wilmington, DE, 19802 | $258/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3606 N West St, Wilmington, DE, 19802 | $258/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 3606 N West St, Wilmington, DE, 19802 listed at $219,900 pairs $1,530/mo rent with a $1,076/mo payment to leave $258/mo cash flow. Total monthly income runs $1,530/mo, and annual cash flow reaches $3,095/yr on $72,897 cash to close. Return on cash invested measures 24.15% in year one, and rental yield registers 8.35% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 125.08% and total cumulative return in cash totals $91,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,530/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1932

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to Wilmingtons vibrant Ninth Ward! This prime location offers unbeatable conveniencejust a short walk to Haines Park, Wilmington Brew Works, Sleeping Bird Coffee, La Pizzeria Metro, community shopping, places of worship, and more. With easy access to downtown Wilmington, North Wilmington, and I-95, youll be right in the heart of it all. Lovingly maintained by the original owner, this home is ready for its next chapter. Theres ample street parking plus your own private garage just a few steps from your back door. The shaded, enclosed front porchperfect for a pair of rocking chairswelcomes you inside. The spacious living room boasts abundant natural light, wood floors, and a charming faux fireplace, flowing seamlessly into the well-scaled dining area. An adjacent eat-in kitchen with a convenient powder room offers plenty of potential to design and customize to your taste. With its generous workspace and separate breakfast nook, its ready to become the kitchen of your dreams. The backyard feels like a private and shaded oasis, with space for gardens, and a meandering path to the garageideal for outdoor relaxation or entertaining. Upstairs, youll find three nicely sized bedrooms with ample closet space and a full tiled bath. The lower level offers abundant storage, laundry facilities, and outside entrance leading to the back yard, great for projects! Dont miss this exceptional opportunity to create your own masterpiece and add value in one of Wilmingtons most convenient and desirable neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19802, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,669 (100%)
Owner Occupied HU	6,054 (51.9%)
Renter Occupied HU	4,500 (38.6%)
Vacant Housing Units	1,115 ( 9.6%)
Median Home Value	$215,287
Average Home Value	$307,286