








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Wilmington at 63 Norway Ave, Wilmington, DE, 19804 priced at $369,900 converts $3,000/mo rent into $860/mo cash flow after a $1,810/mo obligation. Total monthly income equals $3,000/mo, and annual cash flow totals $10,322/yr on $122,622 invested. Return on cash invested prints 28.33% in year one, and rental yield reads 9.73% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 147.49% and total cumulative return in cash sums $180,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,000/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 2025
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19804, Wilmington, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,826 (100%) |
| Owner Occupied HU | 5,844 (74.7%) |
| Renter Occupied HU | 1,627 (20.8%) |
| Vacant Housing Units | 355 ( 4.5%) |
| Median Home Value | $281,986 |
| Average Home Value | $345,482 |
Residential
7,601
Single Family
6,871
Multi-Family
730
Businesses
985
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joseph Hurley • Pantano Real Estate Inc
Mls Name: Bright MLS
Mls ID: #DENC2089424