508 Harlan Blvd UNIT 210WilmingtonDE19801
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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 508 Harlan Blvd UNIT 210, Wilmington, DE, 19801 listed at $420,000 pairs $1,876/mo rent with a $2,056/mo payment. Total monthly income runs $1,876/mo. Return on cash invested measures 15.13% in year one, and rental yield registers 5.36% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 76.7% and total cumulative return in cash totals $106,795. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,876/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19801, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,137 (21.8%) |
| Renter Occupied HU | 6,162 (62.8%) |
| Vacant Housing Units | 1,517 (15.5%) |
| Median Home Value | $203,736 |
| Average Home Value | $246,222 |
Housing Distribution
Address Breakdown
Residential
8,168
Single Family
4,760
Multi-Family
3,408
Businesses
1,281
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Listed by: Trudi Scheurer • Patterson-Schwartz-Newark
Mls Name: Bright MLS
Mls ID: #DENC2087792