47 Scotch Pine Rd, Newark, DE, 19711 | 7.56% Rental Yield

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47 Scotch Pine Rd, Newark, DE, 19711 | 7.56% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newark at 47 Scotch Pine Rd, Newark, DE, 19711 at $495,000 posts ROI 19.58% with from $3,120/mo rent. Total monthly income equals $3,120/mo. Return on cash invested measures 19.58% and rental yield reads 7.56% at the current $495,000. Equity gained on principal adds $3,194/yr, and 5% annual appreciation supports $136,759 by year five. Five-year ROI prints 101.36% and total cumulative return in cash totals $166,330. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1989

7,840 sqft lot

$N/A/sqft

$300 monthly HOA

More details about the property

Welcome home to 47 Scotch Pine Road! This hidden gem is nestled in the lovely development of Evergreen in Newark! It faces beautiful open park land where you are sure to see plenty of deer, fox, rabbits and wild life on any given day! It features a main level master suite, beautiful eat in kitchen with spacious cabinets and bay window, all appliances including w/d on main level, hardwood floors, Pergo and carpeting. 2 bedrooms upstairs with full bath for guests! Gas fireplace, Cathedral ceilings, heat pump/central A/C, 2 sets of full glass walk out french doors to the screened in porch or the deck, including gas grill, attached 2 car garage with remote entry, hardscape walkway to front door, professionally landscaped yard and so much more!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19711, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,208 (100%)
Owner Occupied HU	13,334 (60.0%)
Renter Occupied HU	6,641 (29.9%)
Vacant Housing Units	2,233 (10.1%)
Median Home Value	$405,647
Average Home Value	$449,152