405 Monmouth Pl, Newark, DE, 19702 | $679/mo Cash Flow

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 Monmouth Pl, Newark, DE, 19702 earns $679/mo cash flow from $2,467/mo rent with a $1,512/mo payment. Total monthly income totals $2,467/mo, and annual cash flow totals $8,154/yr on $102,433 capital. ROI tracks 27.87% on current figures, and rental yield reads 9.58% at a $308,999 purchase. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 over five years. Five-year ROI reaches 145.01% and total cumulative return in cash sums $148,541. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,467/mo property income instead of your personal income.

Townhouse

Built in 1977

3,049 sqft lot

$N/A/sqft

No HOA

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