43 Thomas Jefferson BlvdNewarkDE19702
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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
Rental property for sale in Newark at 43 Thomas Jefferson Blvd, Newark, DE, 19702 priced at $389,900 pairs $2,663/mo rent with $407/mo cash flow after a $1,908/mo payment. Total monthly income equals $2,663/mo, and annual cash flow comes to $4,888/yr on $129,252 invested. Return on cash invested is 23.69% in year one, and rental yield stands at 8.2% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 122.62% and total cumulative return in cash reaches $158,485. For financing, Ziffy Mortgage’s DSCR program evaluates $2,663/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.35 Acres 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
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