515 Clinton StDelaware CityDE19706
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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 Delaware City at 515 Clinton St, Delaware City, DE, 19706 at $325,000 posts ROI 20.09% with $16/mo cash flow from $1,897/mo rent. Total monthly income equals $1,897/mo, and annual cash flow records $195/yr on $107,738 to close. Return on cash invested measures 20.09% and rental yield reads 7% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 103.31% and total cumulative return in cash totals $111,301.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,897/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19706, Delaware City, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 629 (78.0%) |
| Renter Occupied HU | 130 (16.1%) |
| Vacant Housing Units | 47 ( 5.8%) |
| Median Home Value | $334,459 |
| Average Home Value | $337,631 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
77
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Listed by: Natalie Bomberger • Patterson-Schwartz-Hockessin
Mls Name: Bright MLS
Mls ID: #DENC2085074