4702 Linden Knoll Dr APT 332WilmingtonDE19808
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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
Investment property for sale in Wilmington at 4702 Linden Knoll Dr APT 332, Wilmington, DE, 19808 listed at $225,000 pairs $2,123/mo rent with a $1,101/mo payment to leave $821/mo cash flow. Total monthly income runs $2,123/mo, and annual cash flow reaches $9,857/yr on $74,588 cash to close. Return on cash invested measures 33.12% in year one, and rental yield registers 11.32% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 173.2% and total cumulative return in cash totals $129,189. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,123/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19808, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,494 (100%) |
| Owner Occupied HU | 13,153 (79.7%) |
| Renter Occupied HU | 2,708 (16.4%) |
| Vacant Housing Units | 633 ( 3.8%) |
| Median Home Value | $373,988 |
| Average Home Value | $392,522 |
Housing Distribution
Address Breakdown
Residential
16,525
Single Family
14,994
Multi-Family
1,531
Businesses
1,118
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Listed by: Lacinda Rowles • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #DENC2093654