68 Liborio Ln, New Castle, DE, 19720 | $669/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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68 Liborio Ln, New Castle, DE, 19720 | $669/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

Rental property for sale in New Castle at 68 Liborio Ln, New Castle, DE, 19720 priced at $325,000 converts $2,550/mo rent into $669/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,550/mo, and annual cash flow totals $8,031/yr on $107,738 invested. Return on cash invested prints 27.36% in year one, and rental yield reads 9.42% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 142.31% and total cumulative return in cash sums $153,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,550/mo property income covering a $1,591/mo payment, not borrower’s personal income.

Townhouse

Built in 1990

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Pride of Ownership in New Castle! Welcome to this beautifully maintained 3-bedroom, 1.5-bath end-unit townhouse where pride of ownership shines throughout. Step inside to a bright and airy living room featuring a bay window and updated LVP flooring that flows seamlessly through the main level, including the kitchen, dining area, and family room. The kitchen is tastefully updated with granite countertops, a new microwave, and a new dishwasher. Through the dining rooms sliding door, walk out to a large fenced-in backyard surrounded by mature trees for summer shade, a fig tree & two peach trees are ready to enjoy, a spacious shed, and a patioperfect for outdoor entertaining, gardening, or family gatherings. Upstairs, youll find three comfortably sized bedrooms with cozy carpeting, including the primary bedroom with a walk-in closet. The full bathroom has also been thoughtfully updated. The finished basement offers a generous 20x20 family room with warm wood panelingideal for indoor activities, a game room, or a second living space. A convenient 10x10 laundry and storage area completes the lower level. Prime Location! Situated just off Rt. 13, south of the Rt. 40 split, this home provides easy access to Wilmington, Bear, Newark, and Middletown. Dont miss the opportunity to make this lovely home yours!

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