870 Old Public RdHockessinDE19707








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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
Rental property for sale in Hockessin at 870 Old Public Rd, Hockessin, DE, 19707 generates $3,902/mo in rent and, after a $2,594/mo payment, leaves $691/mo in cash flow. Total monthly income is $3,902/mo, and annual cash flow is $8,292/yr on $174,370 invested. Return on cash invested sits at 24.82% in year one, and rental yield is 8.83% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 128.94% and total cumulative return in cash sums $224,839. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,902/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
1.87 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 19707, Hockessin, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,502 (100%) |
| Owner Occupied HU | 5,823 (89.6%) |
| Renter Occupied HU | 502 ( 7.7%) |
| Vacant Housing Units | 177 ( 2.7%) |
| Median Home Value | $556,921 |
| Average Home Value | $573,991 |
Housing Distribution
Address Breakdown
Residential
6,403
Single Family
5,870
Multi-Family
533
Businesses
701
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Sold | $530,000 |
| 2025-06-20 | Pending sale | $489,900 |
| 2025-05-19 | Contingent | $489,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $4755.31 | 13.36% | $128,700 | N/A |
| 2023-10-24 | $4195.04 | -1.18% | $128,700 | N/A |
| 2022-10-24 | $4244.94 | 23.78% | $128,700 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1957
- Architectural Style: Ranch/Rambler
- Building Area: 2,850
- Living Area: 2,850 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Heat Pump, Geothermal
- Cooling: Central Air, Geothermal
- Flooring: Wood
- Interior Features: Dining Area
- Exterior Features: N/A
- Parking Features: Built In, Basement, Asphalt, Attached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: On Site Septic
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: Cooke
- Middle School: Dupont H
- High School: Dupont
Listed by: Mr. Earl Endrich • BHHS Fox & Roach - Hockessin
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2079100
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