414 Welsh Hill RdNewarkDE19702
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Newark at 414 Welsh Hill Rd, Newark, DE, 19702 earns $309/mo cash flow from $3,474/mo rent with a $2,677/mo payment. Total monthly income totals $3,474/mo, and annual cash flow totals $3,711/yr on $179,963 capital. ROI tracks 22.12% on current figures, and rental yield reads 7.62% at a $547,000 purchase. Equity gained on principal adds $3,530/yr, and 5% annual appreciation supports $151,126 over five years. Five-year ROI reaches 114.16% and total cumulative return in cash sums $205,444. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,474/mo property income instead of your personal income.
Single Family
Built in 2012
10,019 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 |
Housing Distribution
Address Breakdown
Residential
21,602
Single Family
19,437
Multi-Family
2,165
Businesses
1,132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices