613 Willings Way, New Castle, DE, 19720 | $365/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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613 Willings Way, New Castle, DE, 19720 | $365/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 New Castle at 613 Willings Way, New Castle, DE, 19720 at $199,000 posts ROI 26.54% with $365/mo cash flow from $1,516/mo rent. Total monthly income equals $1,516/mo, and annual cash flow records $4,375/yr on $65,969 to close. Return on cash invested measures 26.54% and rental yield reads 9.14% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 137.91% and total cumulative return in cash totals $90,978.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,516/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Condo

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully maintained 2-bedroom, 2-bathroom condo located in the desirable Ashton Condominiums community in New Castle, Delaware. This spacious unit combines modern comfort with low-maintenance living, making it ideal for first-time buyers, downsizers, or anyone seeking convenience and style in a peaceful setting. This property also features an open-concept living area, including a private patio, and in-unit laundry. Community amenities include ample parking, a secure, well-maintained building, a community pool, and walking trails. This move-in ready condo offers the perfect blend of location, comfort, and affordability. Whether you're commuting to Wilmington, Philadelphia, or working from home, you'll love the convenience, security, and tranquility of Ashton Condominiums!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19720, New Castle, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,484 (100%)
Owner Occupied HU	16,788 (68.6%)
Renter Occupied HU	6,754 (27.6%)
Vacant Housing Units	942 ( 3.8%)
Median Home Value	$299,178
Average Home Value	$336,568