7 Glenway Pl, Wilmington, DE, 19804 | $780/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Glenway Pl, Wilmington, DE, 19804 | $780/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 Wilmington at 7 Glenway Pl, Wilmington, DE, 19804 offers $2,168/mo rent that, after a $1,174/mo payment, leaves $780/mo cash flow. Total monthly income is $2,168/mo, and annual cash flow is $9,361/yr on $79,527 cash. Return on cash invested measures 31.68% in year one, and rental yield stands at 10.84% at a $239,900 entry. Equity gained on principal adds $1,548/yr while 5% annual appreciation compounds into $66,280 by year five. Five-year ROI records 165.49% and total cumulative return in cash reaches $131,611. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,168/mo property income versus a $1,174/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Townhouse

Built in 1988

1,742 sqft lot

$N/A/sqft

No HOA

More details about the property

Affordable, Move-In Ready Townhome Perfect for any First-Time Home Buyer, Investor or anyone looking to downsize without sacrificing comfort & convenience. This Beautifully maintained two-story townhome offers a rare blend of affordability and a commuter-friendly location. Plenty of off-street parking directly in front of your home. Step inside to find a sunlit Living Room with modern flooring and a sliding glass door leading to your private fully fenced backyard and deck ideal for morning coffee or weekend BBQs and a great space for any four legged friends! The spacious kitchen features stainless steel appliances, plenty of counter space, cabinet storage and a dining area for your table. A convenient powder room & coat closet completes the main level. Upstairs, youll find two generously sized bedrooms. The primary bedroom features a large walk-in closet, while the second bedroom offers dual closetsincluding its own walk-inproviding excellent storage options. A full hall bath with a modern vanity and tub/shower combo serves both rooms. The huge full basement is home to the laundry area with a utility sink and offers tons of space for storage, a home gym, workshop, or creative project area. Live in a convenient location with easy access to major routes and highways for quick commutes to Wilmington & Philadelphia, and within reach of nearby public transportation. Being Close to plenty of shopping and restaurant choices just adds to the charm & convenience. Dont miss your opportunity to call this affordable place your home! Schedule your tour today! All Room Sizes and Square Footages Listed are Estimates and to be verified by Buyer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 19804, Wilmington, DE area.

Housing Distribution

Housing Statistics

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