806 Woodland AveWilmingtonDE19808
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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
Investment Highlights
Investment property for sale in Wilmington at 806 Woodland Ave, Wilmington, DE, 19808 with 5% annual appreciation on a $339,900 basis while $2,693/mo rent supports operations. Total monthly income totals $2,693/mo and a $1,664/mo payment preserves $726/mo for cash returns. Annual cash flow comes to $8,711/yr on $112,677 deployed, and return on cash invested reaches 27.64% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,908 alongside rental yield of 9.51%. Five-year ROI measures 143.76% and total cumulative return in cash totals $161,987.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,693/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19808, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,494 (100%) |
| Owner Occupied HU | 13,153 (79.7%) |
| Renter Occupied HU | 2,708 (16.4%) |
| Vacant Housing Units | 633 ( 3.8%) |
| Median Home Value | $373,988 |
| Average Home Value | $392,522 |
Housing Distribution
Address Breakdown
Residential
16,525
Single Family
14,994
Multi-Family
1,531
Businesses
1,118
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Listed by: John Luca • BHHS Fox & Roach - Hockessin
Mls Name: Bright MLS
Mls ID: #DENC2095070