914 Quail Ln, Newark, DE, 19711 | $657/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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914 Quail Ln, Newark, DE, 19711 | $657/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 914 Quail Ln, Newark, DE, 19711 earns $657/mo cash flow from $3,000/mo rent with a $1,982/mo payment. Total monthly income totals $3,000/mo, and annual cash flow totals $7,884/yr on $134,224 capital. ROI tracks 25.78% on current figures, and rental yield reads 8.89% at a $404,900 purchase. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,866 over five years. Five-year ROI reaches 133.8% and total cumulative return in cash sums $179,598. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,000/mo property income instead of your personal income.

Single Family

Built in 1966

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Meticulous 3BR, 1.5BA Brick Ranch in the heart of the City of Newark, showcasing true pride in ownership! The entire home has been professionally painted, and the original oak hardwood floors remain beautifully preserved beneath the carpeting. The kitchen features Corian countertops and brand-new stainless-steel appliances for a clean, updated look. Enjoy peace of mind with all-new Castle Windows, complete with a lifetime transferable warranty. A charming three-season rear porch leads out to a deck overlooking a private, wooded viewperfect for relaxing or entertaining. The finished lower level offers a flexible bonus room that can serve as an extra bedroom option for guests or children. Ideally situated within the highly coveted 5-mile radius for Newark Charter School, this home offers unmatched convenience and value. Enjoy the vibrant energy of Newarks award-winning Main Street, the rich arts and theater offerings of the University of Delaware, and the timeless charm of the Newark Country Cluball just minutes from your doorstep. With more than 17 miles of scenic trails for walking, biking, and hiking, Newark provides the perfect blend of outdoor recreation and college-town charm. What a gemthis one is truly a must-see!

Neighborhood Data

Neighborhood data shown for ZIP Code: 19711, Newark, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,208 (100%)
Owner Occupied HU	13,334 (60.0%)
Renter Occupied HU	6,641 (29.9%)
Vacant Housing Units	2,233 (10.1%)
Median Home Value	$405,647
Average Home Value	$449,152