400 W Holly Oak RdWilmingtonDE19809
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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
Investment property for sale in Wilmington at 400 W Holly Oak Rd, Wilmington, DE, 19809 with 5% annual appreciation on a $324,900 basis while $2,524/mo rent supports operations. Total monthly income totals $2,524/mo and a $1,590/mo payment preserves $644/mo for cash returns. Annual cash flow comes to $7,731/yr on $107,704 deployed, and return on cash invested reaches 27.09% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 9.32%. Five-year ROI measures 140.82% and total cumulative return in cash totals $151,673.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,524/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19809, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,838 (100%) |
| Owner Occupied HU | 4,754 (69.5%) |
| Renter Occupied HU | 1,772 (25.9%) |
| Vacant Housing Units | 312 ( 4.6%) |
| Median Home Value | $365,197 |
| Average Home Value | $381,712 |
Housing Distribution
Address Breakdown
Residential
6,625
Single Family
5,387
Multi-Family
1,238
Businesses
637
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Listed by: Michael Doyle • Century 21 Emerald
Mls Name: Bright MLS
Mls ID: #DENC2095504