4855 Plum Run CtWilmingtonDE19808
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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 4855 Plum Run Ct, Wilmington, DE, 19808 uses $124,313 cash to close to unlock $6,800/yr annual cash flow and $567/mo monthly cash flow. Total monthly income runs $2,736/mo, and a $1,835/mo payment keeps the spread at $567/mo. Purchase price stands at $375,000, and rental yield measures 8.76% with $2,736/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 131.65% and total cumulative return in cash records $163,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,736/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
4,792 sqft 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: Jeff Bollinger • BHHS Fox & Roach - Hockessin
Mls Name: Bright MLS
Mls ID: #DENC2091168