








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Wilmington at 938 Vandever Ave, Wilmington, DE, 19802 generates $1,680/mo in rent and, after a $857/mo payment, leaves $667/mo in cash flow. Total monthly income is $1,680/mo, and annual cash flow is $8,004/yr on $58,013 invested. Return on cash invested sits at 33.71% in year one, and rental yield is 11.52% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 176.31% and total cumulative return in cash sums $102,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Townhouse
Built in 1920
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19802, Wilmington, DE area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,669 (100%) |
| Owner Occupied HU | 6,054 (51.9%) |
| Renter Occupied HU | 4,500 (38.6%) |
| Vacant Housing Units | 1,115 ( 9.6%) |
| Median Home Value | $215,287 |
| Average Home Value | $307,286 |
Residential
10,689
Single Family
8,790
Multi-Family
1,899
Businesses
545
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jessie Pannell • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #DENC2089682