LOT 5B Little Baltimore RdNewarkDE19711
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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
Investment Highlights
Investment property for sale in Newark at LOT 5B Little Baltimore Rd, Newark, DE, 19711 listed at $988,900 pairs $1,912/mo rent with a $4,840/mo payment. Total monthly income runs $1,912/mo. Return on cash invested measures 6.01% in year one, and rental yield registers 2.32% at a $988,900 basis. Equity gained on principal adds $6,381/yr, and annual property appreciation at 5% supports $273,215 by year five. Five-year ROI tracks 27.74% and total cumulative return in cash totals $90,251. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,912/mo property income relative to a $4,840/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
21,228
Single Family
18,177
Multi-Family
3,051
Businesses
1,045
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