39 Lisa Dr, Newark, DE, 19702 | $577/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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39 Lisa Dr, Newark, DE, 19702 | $577/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 39 Lisa Dr, Newark, DE, 19702 offers $2,602/mo rent that, after a $1,713/mo payment, leaves $577/mo cash flow. Total monthly income is $2,602/mo, and annual cash flow is $6,923/yr on $116,025 cash. Return on cash invested measures 25.88% in year one, and rental yield stands at 8.92% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 134.3% and total cumulative return in cash reaches $155,822. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,602/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 2000

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

Lovely 3bd, 2.5 bath townhouse has it all! Large open floor plan with three levels of living space. The inviting entrance has custom molding and wainscoting. Lower level has a finished family room with carpet, recessed lighting and slider to rear yard. Main level has large family room with lots of windows and crown molding. Formal dining room with accented chair rail. Eat-in kitchen with slider to rear deck. Primary bedroom has full bath and walk-in closet. Rear deck & one car garage. Close to bus stop, shopping and restaurants. Currently occupied with a long term resident who would like to stay. Tenant responsible for all utilities including gas, electric, water, cable, trash removal, and lawn care. Security Deposit available at settlement. Lease is available for review.

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