9 E Hawthorne Dr, Newark, DE, 19702 | $416/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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9 E Hawthorne Dr, Newark, DE, 19702 | $416/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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 9 E Hawthorne Dr, Newark, DE, 19702 offers a 7.9% rental yield on a $520,000 purchase with $3,425/mo rent. Total monthly income registers $3,425/mo, and a $2,545/mo payment leaves $416/mo available for distribution. Annual cash flow reaches $4,996/yr on $171,080 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,666 over five years. Portfolio math shows five-year ROI at 118.76% and total cumulative return in cash at $203,171. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,425/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1998

9,148 sqft lot

$N/A/sqft

No HOA

More details about the property

With over 2500 sq ft of living space plus an additional 400+sq ft of finished space in the lower level, this updated and move-in condition home is ready for its next owner. You can just bring your belongings, and you're good to go. Pre-listing inspection reports show how well this home has been cared for and are available for you to review. Whether you're excited about the stunning kitchen, the family room with fireplace, or the deck and patio for outdoor living, there is so much more to offer. And, this home is directly across the street from a park with a playground. Solar panels were installed to reduce your electric costs and have already been paid for. So you get the savings and no initial expense. If you work from home, there is a perfect space in the lower level to set up an office away from the noise and bustle of the main floor. And there's more space on the lower level for gym equipment, a movie theater, or just a great hangout space. All of this in a great location with easy access to shops and commuter corridors.

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

Housing Distribution

Address Breakdown

Residential

21,602

Single Family

19,437

Multi-Family

2,165

Businesses

1,132

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 1998
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Garage Door Opener, Oversized, On Street, Driveway, Attached, Other

Location

City: Newark
State: DE
Subdivision: N/A
Lot Size: 9,148 sqft
Lot Features: N/A
View: N/A

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: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Mr. Matthew Fetick • EXP Realty, LLC

Mls Name: Bright MLS

Mls ID: #DENC2085996

9 E Hawthorne Dr,Newark,DE,19702

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Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

9 E Hawthorne DrNewarkDE19702