53 Whitson Dr, Newark, DE, 19702 | $837/mo Cash Flow

For Sale

Fix & Flip

Listed for sale 1 day ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Newark at 53 Whitson Dr, Newark, DE, 19702 listed at $448,500 pairs $3,432/mo rent with a $2,195/mo payment to leave $837/mo cash flow. Total monthly income runs $3,432/mo, and annual cash flow reaches $10,045/yr on $148,678 cash to close. Return on cash invested measures 26.67% in year one, and rental yield registers 9.18% at a $448,500 basis. Equity gained on principal adds $2,894/yr, and annual property appreciation at 5% supports $123,912 by year five. Five-year ROI tracks 138.56% and total cumulative return in cash totals $206,007. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,432/mo property income relative to a $2,195/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1990

8,712 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19702, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,212 (100%)
Owner Occupied HU	14,557 (65.5%)
Renter Occupied HU	6,887 (31.0%)
Vacant Housing Units	768 ( 3.5%)
Median Home Value	$366,125
Average Home Value	$375,328