56-302 Welsh Tract Rd #56-302, Newark, DE, 19713 | $738/mo Cash Flow

For Sale

Listed for sale 5 days 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 56-302 Welsh Tract Rd #56-302, Newark, DE, 19713 uses $62,952 cash to close to unlock $8,852/yr annual cash flow and $738/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $929/mo payment keeps the spread at $738/mo. Purchase price stands at $189,900, and rental yield measures 11.6% with $1,836/mo rent. Return on cash invested shows 33.97% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 177.74% and total cumulative return in cash records $111,893. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $929/mo payment rather than investor’s personal income.

Condo

Built in 1969

N/A lot

$N/A/sqft

No HOA