609 N Scott StWilmingtonDE19805
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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 609 N Scott St, Wilmington, DE, 19805 at $205,000 posts ROI 30.54% with $602/mo cash flow from $1,788/mo rent. Total monthly income equals $1,788/mo, and annual cash flow records $7,227/yr on $67,958 to close. Return on cash invested measures 30.54% and rental yield reads 10.47% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 159.39% and total cumulative return in cash totals $108,318.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,788/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1910
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19805, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,889 (100%) |
| Owner Occupied HU | 9,310 (52.0%) |
| Renter Occupied HU | 7,066 (39.5%) |
| Vacant Housing Units | 1,513 ( 8.5%) |
| Median Home Value | $254,768 |
| Average Home Value | $303,040 |
Housing Distribution
Address Breakdown
Residential
16,084
Single Family
15,078
Multi-Family
1,006
Businesses
1,054
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Listed by: Millie Guzman • BHHS Fox & Roach-Greenville
Mls Name: Bright MLS
Mls ID: #DENC2091302