700 Halstead RdWilmingtonDE19803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 700 Halstead Rd, Wilmington, DE, 19803 at $688,500 posts ROI 23.05% with $565/mo cash flow from $4,549/mo rent. Total monthly income equals $4,549/mo, and annual cash flow records $6,781/yr on $226,517 to close. Return on cash invested measures 23.05% and rental yield reads 7.93% at the current $688,500. Equity gained on principal adds $4,443/yr, and 5% annual appreciation supports $190,220 by year five. Five-year ROI prints 119.16% and total cumulative return in cash totals $269,909.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,549/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19803, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,191 (100%) |
| Owner Occupied HU | 8,044 (87.5%) |
| Renter Occupied HU | 906 ( 9.9%) |
| Vacant Housing Units | 241 ( 2.6%) |
| Median Home Value | $469,463 |
| Average Home Value | $506,244 |
Housing Distribution
Address Breakdown
Residential
8,888
Single Family
8,244
Multi-Family
644
Businesses
985
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Nearby investment properties with comparable prices
Listed by: Andrea Levy • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DENC2085126