1722 Hancock StWilmingtonDE19806
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1722 Hancock St, Wilmington, DE, 19806 in Wilmington speaks for itself: 10.05% gross on a $339,999 price, generating $2,849/mo in rent and $882/mo in net income after the $1,529/mo debt service. DSCR 1.86, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,578 stacks alongside $93,935 in projected five-year appreciation and $3,131/yr in principal reduction. Projected total cumulative return: $185,063.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $882 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,849 |
| Total Monthly Debt Service | $1,832 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1981
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19806, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,288 (100%) |
| Owner Occupied HU | 2,978 (47.4%) |
| Renter Occupied HU | 2,769 (44.0%) |
| Vacant Housing Units | 541 ( 8.6%) |
| Median Home Value | $472,552 |
| Average Home Value | $509,621 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
2,875
Multi-Family
3,147
Businesses
440
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 1981
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19806, Wilmington, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,288 (100%) |
| Owner Occupied HU | 2,978 (47.4%) |
| Renter Occupied HU | 2,769 (44.0%) |
| Vacant Housing Units | 541 ( 8.6%) |
| Median Home Value | $472,552 |
| Average Home Value | $509,621 |
Housing Distribution
Address Breakdown
Residential
6,022
Single Family
2,875
Multi-Family
3,147
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #DENC2106068