LOT 1B Quail Crossing DrWilmingtonDE19807
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. Rental yield 3.78%. LOT 1B Quail Crossing Dr, Wilmington, DE, 19807 in Wilmington at $1,650,000, 3.78% gross yield, is a market-growth asset. The $5,192/mo rent partially funds the $7,419/mo debt service; the core return is the 5%/yr price growth projected to add $455,865 over five years. Ziffy Mortgage's DSCR mortgage (0.70) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $342,521.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 6.5% |
| Monthly Cash Flow | $(4,355) | $1,250 |
City averages based on Wilmington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,192 |
| Total Monthly Debt Service | $8,891 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
2 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
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
Single Family
Built in N/A
2 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: Steven Christie • KW Greater West Chester
Mls Name: Bright MLS
Mls ID: #DENC2093022