5034 W Brigantine Ct #5034WilmingtonDE19808
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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 5034 W Brigantine Ct #5034, Wilmington, DE, 19808 earns $185/mo cash flow from $1,342/mo rent with a $979/mo payment. Total monthly income totals $1,342/mo, and annual cash flow totals $2,216/yr on $66,300 capital. ROI tracks 23.25% on current figures, and rental yield reads 8.05% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 120.27% and total cumulative return in cash sums $79,736. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,342/mo property income instead of your personal income.
Condo
Built in 1975
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: Rakan Abu-Zahra • Keller Williams Realty Wilmington
Mls Name: Bright MLS
Mls ID: #DENC2096438