405 Leahy Dr, Newark, DE, 19711 | 5.58% Rental Yield

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 Newark at 405 Leahy Dr, Newark, DE, 19711 with 5% annual appreciation on a $738,900 basis while $3,437/mo rent supports operations. 92% in year one. Equity gained on principal adds $4,768/yr, and five-year appreciation sums $204,144 alongside rental yield of 5.58%. Five-year ROI measures 80.9% and total cumulative return in cash totals $196,657. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,437/mo property income versus a $3,617/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Townhouse

Built in 2025

5,662 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19711, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,208 (100%)
Owner Occupied HU	13,334 (60.0%)
Renter Occupied HU	6,641 (29.9%)
Vacant Housing Units	2,233 (10.1%)
Median Home Value	$405,647
Average Home Value	$449,152