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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Newark at 701 Fawn Rd, Newark, DE, 19711 priced at $549,500 converts $3,714/mo rent into $420/mo cash flow after a $2,690/mo obligation. Total monthly income equals $3,714/mo, and annual cash flow totals $5,036/yr on $180,786 invested. Return on cash invested prints 22.85% in year one, and rental yield reads 8.11% against a $549,500 entry. Equity gained on principal adds $3,546/yr, while 5% annual appreciation compiles into $151,817 by year five. Five-year ROI reaches 118.31% and total cumulative return in cash sums $213,885. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,714/mo property income covering a $2,690/mo payment, not borrower’s personal income.
Single Family
Built in 1971
1.29 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood data shown for ZIP Code: 19711, Newark, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,208 (100%) |
| Owner Occupied HU | 13,334 (60.0%) |
| Renter Occupied HU | 6,641 (29.9%) |
| Vacant Housing Units | 2,233 (10.1%) |
| Median Home Value | $405,647 |
| Average Home Value | $449,152 |
Residential
21,228
Single Family
18,177
Multi-Family
3,051
Businesses
1,045
Date | Event | Price |
|---|---|---|
| 2025-06-10 | Price change | $549,500 |
| 2025-05-30 | Listed for sale | $595,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $4153.04 | 13.36% | $112,400 | N/A |
| 2023-06-12 | $3663.74 | -1.18% | $112,400 | N/A |
| 2022-06-12 | $3707.32 | 0.01% | $112,400 | N/A |
Listed by: Eric Buck • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2082664
Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc. [Click here for more information](/mls-disclaimers/#5632)
