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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 805 Devon Dr, Newark, DE, 19711 listed at $399,900 pairs $3,780/mo rent with a $1,957/mo payment to leave $1,466/mo cash flow. Total monthly income runs $3,780/mo, and annual cash flow reaches $17,597/yr on $132,567 cash to close. Return on cash invested measures 33.18% in year one, and rental yield registers 11.34% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 173.51% and total cumulative return in cash totals $230,012. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,780/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
9,148 sqft 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: Al Leskovar • Myers Realty
Mls Name: Bright MLS
Mls ID: #DENC2087202
