613 5th St, Newark, DE, 19711 | $707/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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613 5th St, Newark, DE, 19711 | $707/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

Investment property for sale in Newark at 613 5th St, Newark, DE, 19711 earns $707/mo cash flow from $2,730/mo rent with a $1,711/mo payment. Total monthly income totals $2,730/mo, and annual cash flow totals $8,488/yr on $115,859 capital. ROI tracks 27.24% on current figures, and rental yield reads 9.37% at a $349,500 purchase. Equity gained on principal adds $2,255/yr, and 5% annual appreciation supports $96,560 over five years. Five-year ROI reaches 141.63% and total cumulative return in cash sums $164,089. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,730/mo property income instead of your personal income.

Townhouse

Built in 1990

2,614 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the charming Green Valley subdivision, this exquisite 3 bedroom, 2.5 bathColonial townhouse offers a perfect blend of elegance and comfort. With 1,625 square feet of meticulously maintained living space, this home is designed for those who appreciate beautiful features and a lifestyle of ease. Step inside to discover a warm and inviting atmosphere, accentuated by tasteful chair railings and recessed lighting that create a sophisticated ambiance throughout. Outfitted with modern appliances, including a sleek electric oven/range, refrigerator, dishwasher, built-in microwave and disposal, this kitchen combines functionality with style, making meal preparation a delight on your elegant granite counters. The home boasts three generously sized bedrooms, providing ample space for relaxation and personalization. The two full bathrooms and an additional half bath are designed with comfort in mind, featuring contemporary fixtures that enhance the overall aesthetic. The upper-floor laundry area adds a layer of convenience, making everyday chores a breeze. Venture downstairs to the fully finished basement, a versatile space that can serve as a recreation room, home office, exercise room or additional living area, tailored to your lifestyle needs. The excellent condition of the property ensures that you can move in with peace of mind, knowing that every detail has been thoughtfully considered. Outside, the property features a well-maintained exterior with a combination of brick, vinyl, and aluminum siding, offering both durability and curb appeal, beautiful paver patio and fenced yard. The assigned driveway parking accommodates two vehicles, providing easy access and convenience. This home is not just a place to live; it's a lifestyle choice. Enjoy the tranquility of suburban living while being just moments away from many restaurants, local amenities and recreational opportunities. Experience the perfect balance of luxury and comfort in this stunning townhouse, where every corner invites you to create lasting memories. Embrace the opportunity to call this exceptional property your home. Enjoy entertaining on this beautiful brick paver patio, fenced yard and deck. This one won't last for sure, make your appointment today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19711, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,208 (100%)
Owner Occupied HU	13,334 (60.0%)
Renter Occupied HU	6,641 (29.9%)
Vacant Housing Units	2,233 (10.1%)
Median Home Value	$405,647
Average Home Value	$449,152