9 Penarth Dr, Wilmington, DE, 19803 | $514/mo Cash Flow

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9 Penarth Dr, Wilmington, DE, 19803 | $514/mo Cash Flow | Ziffy

For Sale

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 Wilmington at 9 Penarth Dr, Wilmington, DE, 19803 with 5% annual appreciation on a $599,000 basis while $3,980/mo rent supports operations. Total monthly income totals $3,980/mo and a $2,932/mo payment preserves $514/mo for cash returns. Annual cash flow comes to $6,167/yr on $197,071 deployed, and return on cash invested reaches 23.19% in year one. Equity gained on principal adds $3,865/yr, and five-year appreciation sums $165,493 alongside rental yield of 7.97%. Five-year ROI measures 119.86% and total cumulative return in cash totals $236,206.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,980/mo property income versus a $2,932/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1950

0.75 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 9 Penarth Drive a beautifully updated 4-bedroom, 2.5-bath colonial in the heart of North Wilmington. Sitting on a rare 0.75-acre lot in a sought-after neighborhood, this home blends timeless charm with todays modern finishes. Step inside to find a bright, open floor plan with new flooring, designer finishes, and recessed lighting throughout. The chefs kitchen features white shaker cabinets, quartz countertops, and stainless steel appliances seamlessly flowing into the dining and living areas for effortless entertaining. Just off the dining room, enjoy the bright sunroom - ideal for morning coffee, reading, or simply relaxing with views of the private yard. The true highlight of this home is the oversized family room with flexible office/entertaining space, providing plenty of room for both work and play. Upstairs, youll find four generous bedrooms with hardwood floors, including a serene primary suite with a walk-in closet and a luxuriously renovated bathroom. The additional full bath has also been completely updated with designer tile and fixtures. Outside, enjoy the expansive yard ideal for gatherings, play, or simply relaxing in your private retreat. A two-car garage and full basement provide plenty of storage and flexibility. Located in the highly regarded Brandywine School District, and just minutes from I-95, Brandywine Hundred shops and restaurants, and top-rated schools, this move-in ready home checks every box. Updates include: new kitchen & baths, new water heater (2025), newer roof (2018), fresh paint, refinished hardwoods, new LVP flooring, modern recess lighting, and more. Along with all the wonderful features this home offers, the seller is also providing a one-year home warranty, so you can move in with confidence. Dont miss this opportunity schedule your tour today and see why 9 Penarth Dr is one of Wilmingtons best values at $599,000!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19803, Wilmington, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,191 (100%)
Owner Occupied HU	8,044 (87.5%)
Renter Occupied HU	906 ( 9.9%)
Vacant Housing Units	241 ( 2.6%)
Median Home Value	$469,463
Average Home Value	$506,244