69 E Newtown Pl, Newark, DE, 19702 | $842/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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69 E Newtown Pl, Newark, DE, 19702 | $842/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 Newark at 69 E Newtown Pl, Newark, DE, 19702 generates $2,839/mo in rent and, after a $1,689/mo payment, leaves $842/mo in cash flow. Total monthly income is $2,839/mo, and annual cash flow is $10,109/yr on $114,368 invested. Return on cash invested sits at 28.75% in year one, and rental yield is 9.87% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 149.73% and total cumulative return in cash sums $171,244. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,839/mo property income rather than buyer’s personal income.

Townhouse

Built in 1999

3,485 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 69 E Newtown Place in Newark, DE - a move-in ready end-unit townhome offering one of the largest, fully fenced yards youll ever find in a townhome community. Perfect for entertaining, organic gardening, or simply enjoying the outdoors, this private yard provides space rarely available in similar homes. Inside, the layout is bright and functional, with comfortable living areas that flow seamlessly for both everyday living and hosting guests. As an end-unit, youll also enjoy extra windows and natural light throughout. The finished basement also has its own private powder room! The location is a true highlight, being just minutes to downtown Newark, the University of Delaware, White Clay Creek State Park, and a wide variety of shopping, dining, and entertainment options. Easy access to major routes makes commuting simple, while local conveniences are right at your fingertips. With its unbeatable yard, desirable end-unit placement, and proximity to everything Newark has to offer, this home is a rare find and an exceptional opportunity.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19702, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,212 (100%)
Owner Occupied HU	14,557 (65.5%)
Renter Occupied HU	6,887 (31.0%)
Vacant Housing Units	768 ( 3.5%)
Median Home Value	$366,125
Average Home Value	$375,328