Rehoboth Plan, Riverbend, New Castle, DE, 19720 | $562/mo Cash Flow

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 New Castle at Rehoboth Plan, Riverbend, New Castle, DE, 19720 offers a 8.23% rental yield on a $523,990 purchase with $3,594/mo rent. Total monthly income registers $3,594/mo, and a $2,565/mo payment leaves $562/mo available for distribution. Annual cash flow reaches $6,741/yr on $172,393 to close, and return on cash invested stands at 23.97% in year one. Equity gained on principal adds $3,381/yr while 5% annual appreciation supports $144,769 over five years. Portfolio math shows five-year ROI at 124.06% and total cumulative return in cash at $213,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,594/mo property income against a $2,565/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 19720, New Castle, DE area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	24,484 (100%)
Owner Occupied HU	16,788 (68.6%)
Renter Occupied HU	6,754 (27.6%)
Vacant Housing Units	942 ( 3.8%)
Median Home Value	$299,178
Average Home Value	$336,568