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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% |
Investment property for sale in Newark at 724 Fawn Rd, Newark, DE, 19711 earns $256/mo cash flow from $3,583/mo rent with a $2,814/mo payment. Total monthly income totals $3,583/mo, and annual cash flow totals $3,076/yr on $189,175 capital. ROI tracks 21.69% on current figures, and rental yield reads 7.48% at a $575,000 purchase. Equity gained on principal adds $3,710/yr, and 5% annual appreciation supports $158,862 over five years. Five-year ROI reaches 111.82% and total cumulative return in cash sums $211,535. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,583/mo property income instead of your personal income.
Single Family
Built in 1970
1.11 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Victoria Dickinson • Patterson-Schwartz - Greenville
Mls Name: Bright MLS
Mls ID: #DENC2090484
