507 Wyndham RdWilmingtonDE19809
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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 507 Wyndham Rd, Wilmington, DE, 19809 at $514,000 posts ROI 26.35% with $886/mo cash flow from $3,860/mo rent. Total monthly income equals $3,860/mo, and annual cash flow records $10,628/yr on $169,106 to close. Return on cash invested measures 26.35% and rental yield reads 9.01% at the current $514,000. Equity gained on principal adds $3,317/yr, and 5% annual appreciation supports $142,009 by year five. Five-year ROI prints 136.79% and total cumulative return in cash totals $231,323.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,860/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1958
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19809, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,838 (100%) |
| Owner Occupied HU | 4,754 (69.5%) |
| Renter Occupied HU | 1,772 (25.9%) |
| Vacant Housing Units | 312 ( 4.6%) |
| Median Home Value | $365,197 |
| Average Home Value | $381,712 |
Housing Distribution
Address Breakdown
Residential
6,625
Single Family
5,387
Multi-Family
1,238
Businesses
637
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Listed by: Joseph Hicks • BHHS Fox & Roach-Christiana
Mls Name: Bright MLS
Mls ID: #DENC2082064