3806 Eastview Ln #3806WilmingtonDE19802
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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
Investment Highlights
Rental property for sale in Wilmington at 3806 Eastview Ln #3806, Wilmington, DE, 19802 generates $1,198/mo in rent and, after a $734/mo payment, leaves $330/mo in cash flow. Total monthly income is $1,198/mo, and annual cash flow is $3,964/yr on $49,692 invested. Return on cash invested sits at 27.89% in year one, and rental yield is 9.59% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 145.16% and total cumulative return in cash sums $72,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,198/mo property income rather than buyer’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,689
Single Family
8,790
Multi-Family
1,899
Businesses
545
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Listed by: Terry Young • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #DENC2087944