620 Ilse Dr, Newark, DE, 19713 | $325/mo Cash Flow

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 620 Ilse Dr, Newark, DE, 19713 uses $147,484 cash to close to unlock $3,903/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $2,900/mo, and a $2,178/mo payment keeps the spread at $325/mo. Purchase price stands at $444,900, and rental yield measures 7.82% with $2,900/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $122,918 over five years. Five-year ROI reaches 116.52% and total cumulative return in cash records $171,853. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,900/mo property income covering a $2,178/mo payment rather than investor’s personal income.

Single Family

Built in 1959

0.28 Acres lot

$N/A/sqft

No HOA