634 W 4th StWilmingtonDE19801
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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
Investment property for sale in Wilmington at 634 W 4th St, Wilmington, DE, 19801 listed at $275,000 pairs $2,476/mo rent with a $1,346/mo payment to leave $885/mo cash flow. Total monthly income runs $2,476/mo, and annual cash flow reaches $10,618/yr on $91,163 cash to close. Return on cash invested measures 31.56% in year one, and rental yield registers 10.8% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 164.76% and total cumulative return in cash totals $150,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,476/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1900
1,307 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19801, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,816 (100%) |
| Owner Occupied HU | 2,137 (21.8%) |
| Renter Occupied HU | 6,162 (62.8%) |
| Vacant Housing Units | 1,517 (15.5%) |
| Median Home Value | $203,736 |
| Average Home Value | $246,222 |
Housing Distribution
Address Breakdown
Residential
8,168
Single Family
4,760
Multi-Family
3,408
Businesses
1,281
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Listed by: Jemimah Chuks • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #DENC2092982