434 S Heald StWilmingtonDE19801
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
Rental property for sale in Wilmington at 434 S Heald St, Wilmington, DE, 19801 generates $803/mo in rent and, after a $513/mo payment, leaves $196/mo in cash flow. Total monthly income is $803/mo, and annual cash flow is $2,358/yr on $34,774 invested. Return on cash invested sits at 26.69% in year one, and rental yield is 9.19% on a $104,900 entry. Equity gained on principal adds $677/yr, while 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 138.71% and total cumulative return in cash sums $48,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $803/mo property income rather than buyer’s personal income.
Townhouse
Built in 1900
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19801, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,137 (21.8%) |
| Renter Occupied HU | 6,162 (62.8%) |
| Vacant Housing Units | 1,517 (15.5%) |
| Median Home Value | $203,736 |
| Average Home Value | $246,222 |
Housing Distribution
Address Breakdown
Residential
8,168
Single Family
4,760
Multi-Family
3,408
Businesses
1,281
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve W Han • Keller Williams Realty Wilmington
Mls Name: Bright MLS
Mls ID: #DENC2093524