424 S Van Buren StWilmingtonDE19805
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 Wilmington at 424 S Van Buren St, Wilmington, DE, 19805 at $165,000 posts ROI 27.43% with $343/mo cash flow from $1,298/mo rent. Total monthly income equals $1,298/mo, and annual cash flow records $4,115/yr on $54,698 to close. Return on cash invested measures 27.43% and rental yield reads 9.44% at the current $165,000. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 by year five. Five-year ROI prints 142.62% and total cumulative return in cash totals $78,011.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,298/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1914
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19805, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,889 (100%) |
| Owner Occupied HU | 9,310 (52.0%) |
| Renter Occupied HU | 7,066 (39.5%) |
| Vacant Housing Units | 1,513 ( 8.5%) |
| Median Home Value | $254,768 |
| Average Home Value | $303,040 |
Housing Distribution
Address Breakdown
Residential
16,084
Single Family
15,078
Multi-Family
1,006
Businesses
1,054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Hohrein • Keller Williams Realty Central-Delaware
Mls Name: Bright MLS
Mls ID: #DENC2091680