7 Saint Tropez Ct, Newark, DE, 19702 | $156/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Saint Tropez Ct, Newark, DE, 19702 | $156/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

Investment property for sale in Newark at 7 Saint Tropez Ct, Newark, DE, 19702 listed at $427,700 pairs $2,630/mo rent with a $2,093/mo payment to leave $156/mo cash flow. Total monthly income runs $2,630/mo, and annual cash flow reaches $1,868/yr on $141,783 cash to close. Return on cash invested measures 21.23% in year one, and rental yield registers 7.38% at a $427,700 basis. Equity gained on principal adds $2,760/yr, and annual property appreciation at 5% supports $118,166 by year five. Five-year ROI tracks 109.38% and total cumulative return in cash totals $155,076. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,630/mo property income relative to a $2,093/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1991

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Tucked away on a rare 0.3-acre lot in Newark and built in 1991 is a gorgeous home that is the perfect private retreat, just minutes from all the shopping, dining, and entertainment. Backyard is a standoutspacious, quiet, and beautifully private, with a huge multi-level deck that's great for hanging out, hosting, or just enjoying nature. Inside, the bright and open family room has a tall vaulted A-frame ceiling and big windows with tons of natural light. The kitchen features granite countertops and plenty of pantry space for all your storage needs. At the lower level is a special feature! Separate work area with its own garage doorperfect for a workshop, studio, business, convert to another room or any hobby space you need. New roof was installed in 2020 and HVAC in 2015. There is also a large laundry area and entertainment space at the lower-level floor! This home has been lovingly maintained, plenty of storage spaces, clean, newly shampooed carpets, power washed exteriors and ready for you to move in and make it your own. If youre looking for space, privacy, and a place that feels like home the moment you walk in, this ones a must-see.

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