901 Cobble Creek Curv, Newark, DE, 19702 | $790/mo Cash Flow

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901 Cobble Creek Curv, Newark, DE, 19702 | $790/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 Newark at 901 Cobble Creek Curv, Newark, DE, 19702 listed at $210,000 pairs $2,005/mo rent with a $1,028/mo payment to leave $790/mo cash flow. Total monthly income runs $2,005/mo, and annual cash flow reaches $9,477/yr on $69,615 cash to close. Return on cash invested measures 33.52% in year one, and rental yield registers 11.46% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 175.33% and total cumulative return in cash totals $122,056. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,005/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this newly renovated end unit townhome with a brand new kitchen boasting granite countertops, Samsung stainless steel appliances, custom backsplash and recessed lighting. The kitchen is open to the large living room with brand new flooring and lots of natural light. The full bathroom features a new 54 vanity with Quartz Countertop. The bedrooms are well-sized with ceiling fans and new carpeting. Plus a brand new hot water heater. This home is bright and beautiful and ready for its new owners!

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