909 Augusta RdWilmingtonDE19807
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wilmington at 909 Augusta Rd, Wilmington, DE, 19807 generates $5,022/mo in rent, after a $9,177/mo payment. Total monthly income is $5,022/mo. Return on cash invested sits at 8.86% in year one, and rental yield is 3.21% on a $1,875,000 entry. Equity gained on principal adds $12,099/yr, while 5% annual appreciation builds toward $518,028 over five years. Five-year ROI reaches 42.96% and total cumulative return in cash sums $260,966. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,022/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19807, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,864 (100%) |
| Owner Occupied HU | 2,560 (66.3%) |
| Renter Occupied HU | 1,030 (26.7%) |
| Vacant Housing Units | 274 ( 7.1%) |
| Median Home Value | $851,320 |
| Average Home Value | $1,014,121 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
2,790
Multi-Family
1,026
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Legum • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DENC2086384