709 Elkton Rd, Newark, DE, 19711 | $1,366/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
1 Bath
1050 sft

1908 Harrison Ave, Wilmington, DE, 19809

3 Bed
2 Bath
1350 sft

90 Starboard Ct, Perryville, MD, 21903

3 Bed
2 Bath
1425 sft

128 Durso Dr, Newark, DE, 19711

3 Bed
2 Bath
1625 sft

126 Dunsinane Dr, New Castle, DE, 19720

Nearby investment properties with comparable prices

4 Bed
2 Bath
1500 sft

3816 Hutchison Rd, Wilmington, DE, 19808

3 Bed
2 Bath
1200 sft

817 Wright St, Wilmington, DE, 19805

3 Bed
3 Bath
1650 sft

220 Stonebridge Blvd, New Castle, DE, 19720

Investment Property+ 1 more

3 Bed
1 Bath
1125 sft

705 Newport Gap Pike, Wilmington, DE, 19804

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Newark at 709 Elkton Rd, Newark, DE, 19711 listed at $312,300 pairs $3,198/mo rent with a $1,529/mo payment to leave $1,366/mo cash flow. Total monthly income runs $3,198/mo, and annual cash flow reaches $16,386/yr on $103,527 cash to close. Return on cash invested measures 35.74% in year one, and rental yield registers 12.29% at a $312,300 basis. Equity gained on principal adds $2,015/yr, and annual property appreciation at 5% supports $86,283 by year five. Five-year ROI tracks 187.32% and total cumulative return in cash totals $193,930. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,198/mo property income relative to a $1,529/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1953

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19711, Newark, DE area.

Housing Distribution

Housing Statistics

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