8 Honeysuckle Dr, Newark, DE, 19702 | $995/mo Cash Flow

For Sale

Fix & Flip

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 8 Honeysuckle Dr, Newark, DE, 19702 with 5% annual appreciation on a $270,000 basis while $2,558/mo rent supports operations. Total monthly income totals $2,558/mo and a $1,322/mo payment preserves $995/mo for cash returns. Annual cash flow comes to $11,943/yr on $89,505 deployed, and return on cash invested reaches 33.25% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 11.37%. Five-year ROI measures 173.9% and total cumulative return in cash totals $155,653.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,558/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1988

9,583 sqft lot

$N/A/sqft

No HOA

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