609 Cobble Creek Curv, Newark, DE, 19702 | $341/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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609 Cobble Creek Curv, Newark, DE, 19702 | $341/mo Cash Flow | Ziffy

For Sale

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

Rental property for sale in Newark at 609 Cobble Creek Curv, Newark, DE, 19702 priced at $250,000 pairs $1,788/mo rent with $341/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,788/mo, and annual cash flow comes to $4,093/yr on $82,875 invested. Return on cash invested is 24.85% in year one, and rental yield stands at 8.58% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 128.85% and total cumulative return in cash reaches $106,786. For financing, Ziffy Mortgage’s DSCR program evaluates $1,788/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1975

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 609 Cobble Creek Curve, a well-maintained 3 bedroom, 2.5 bath end-unit townhome condo offering true move-in ready convenience. The main bedroom features its own private bathroom, providing comfort and privacy. All appliances, including the washer and dryer, are included for added ease. Enjoy low-maintenance living with affordable fees in a prime Newark location, making commuting or exploring the area a breeze. This home has been lovingly cared for by its current owners and is ideal for a first-time buyer, someone looking to downsize, or anyone seeking a comfortable, low-key lifestyle. Do not miss this opportunity to own a spacious end-unit home with the perfect balance of convenience and ease.

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