6183 Newton WayBridgevilleDE19933
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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
Investment Highlights
Rental property for sale in Bridgeville at 6183 Newton Way, Bridgeville, DE, 19933 generates $3,088/mo in rent and, after a $2,104/mo payment, leaves $601/mo in cash flow. Total monthly income is $3,088/mo, and annual cash flow is $7,208/yr on $142,512 invested. Return on cash invested sits at 24.97% in year one, and rental yield is 8.62% on a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 129.44% and total cumulative return in cash sums $184,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,088/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19933, Bridgeville, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,584 (100%) |
| Owner Occupied HU | 3,313 (72.3%) |
| Renter Occupied HU | 794 (17.3%) |
| Vacant Housing Units | 477 (10.4%) |
| Median Home Value | $339,797 |
| Average Home Value | $367,253 |
Housing Distribution
Address Breakdown
Residential
4,337
Single Family
4,284
Multi-Family
53
Businesses
241
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Listed by: Ken Wolfe • Coldwell Banker Premier - Milford
Mls Name: Bright MLS
Mls ID: #DESU2098140