4610 Sylvanus DrWilmingtonDE19803
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 4610 Sylvanus Dr, Wilmington, DE, 19803 uses $165,419 cash to close to unlock $5,077/yr annual cash flow and $423/mo monthly cash flow. Total monthly income runs $3,310/mo, and a $2,442/mo payment keeps the spread at $423/mo. Purchase price stands at $499,000, and rental yield measures 7.96% with $3,310/mo rent. Return on cash invested shows 22.98% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 118.79% and total cumulative return in cash records $196,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,310/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19803, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,191 (100%) |
| Owner Occupied HU | 8,044 (87.5%) |
| Renter Occupied HU | 906 ( 9.9%) |
| Vacant Housing Units | 241 ( 2.6%) |
| Median Home Value | $469,463 |
| Average Home Value | $506,244 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,244
Multi-Family
644
Businesses
985
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle McKean • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DENC2095332