11215 5th St · Bridgeville, DE 19933

$158,000

3 bd · 2.0 ba · 1,568 sqft · SingleFamily · 79 Days on market

Built 2024 0.38 ac lot $101/sqft · 31% below area Est $231k · 31% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +26.8/30.0
• ARV discount +15.0/15.0
• DSCR +9.2/10.0
• 1% rule +7.2/10.0
• Appreciation +5.6/10.0
• Livability +3.2/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.2/10.0

Listing remarks MLS

Home is still looking brand new after two years of occupancy. Very well maintained manufactured home located in Walkers Mill MHP. The buyers take great pride in how their home is taken care of and decorated. This three bedroom two bath home is at the end of the street for peace and quiet if you want to sit outside and enjoy the weather or have the family over for a barbeque. This home features a large living room for family gatherings, a large open kitchen area with a huge island and room for barstools. White cabinets with soft close doors, painted drywall and a large dining room with a sliding glass door for entertaining guest. A spacious master suite with two additional bedrooms and a bath on the other side of the house. Nicely landscaped yard and there is a new storage shed included. Schedule your showing today for this affordable home! You will not be disappointed!

Key facts

• Large dining room
• Soft close doors
• White cabinets

Tags

• LARGE LIVING ROOM
• LARGE OPEN KITCHEN
• HUGE ISLAND
• WHITE CABINETS
• SOFT CLOSE DOORS
• LARGE DINING ROOM

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $158k.

Deal economics

• At list price, monthly cash flow is $435 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $158k).
• Recommended offer: $149k (6.0% below list) — sets the bar for market timing.
• Cap rate 9.6% vs local median 3.7% in Bridgeville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 64/100 on livability (#48 in DE) — a middle-class / working-renter tenant base. Strengths: health & safety A, crime B; Watch: schools F, amenities F, commute F.
• Woodbridge School District (rural): math 17% / reading 34% proficiency, ranked #21 of 26 in DE (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 108 active listings in the ZIP; 4,354 units permitted in Sussex County in 2024 (344 in 5+ unit buildings).

Forward outlook

• In year one you build about $3k of equity ($1k loan paydown + $2k appreciation (1.1% local appreciation)).
• Sussex County population projected at +25% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (1.1% appreciation + 3.0% rent growth), your $44k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 79 days — a 6% lower offer ($149k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 16y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $124k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 67% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $148,520 (6.0% below list)

Questions for the listing agent

1. It's been on market 79 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.22% ✓
• Cap rate: 9.60%
• Cash-on-cash: 11.80%
• DSCR: 1.52
• GRM: 6.8

CMA / ARV

• ARV (median comp): $230,612
• List price: $158,000
• Delta: -31.49%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
11241 Fourth #112	0.17mi	3/2.0	1,456 (-7%)	3mo	$122,500	$84	78
11315 7th St #212	0.18mi	3/2.0	1,456 (-7%)	5mo	$122,500	$84	76
11585 Glen Cir	0.39mi	2/2.0 (-1)	1,742 (+11%)	3mo	$259,900	$149	56

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

1.14% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 14.0%
• Equity multiple: 1.72×
• Total profit: $31,784
• Equity at exit: $55,106

10-year hold

• IRR: 17.4%
• Equity multiple: 3.14×
• Total profit: $94,496
• Equity at exit: $74,142

Cash invested: $44,240 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 70 Landlord-Friendly
• State Delaware: 70 Landlord-Friendly · D+7
• County: — inherits STATE
• City: — inherits STATE

Court of Common Pleas hears L&T; moderate-paced. No state rent control.

Methodology + full state rankings →

ZIP-level market 19933

• Home prices YoY: 0.4%
• Active inventory: 108
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $1,933 medium
• Mortgage (P&I): −$829
• Tax est. 1.5%: −$198 /mo · $2,370/yr
• Insurance: −$66
• HOA: −$0
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $435

Break-even live

Break-even rent $1,382

Max offer price $158,000

Occupancy floor 72%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $39,500
• Closing costs: $4,740
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-18
   days on market $158,000 Active 79 DOM
2. 2026-06-17
   days on market $158,000 Active 78 DOM
3. 2026-06-16
   days on market $158,000 Active 77 DOM
4. 2026-06-15
   days on market $158,000 Active 76 DOM
5. 2026-06-13
   days on market $158,000 Active 74 DOM
6. 2026-06-12
   days on market $158,000 Active 73 DOM
7. 2026-06-09
   days on market $158,000 Active 70 DOM
8. 2026-06-08
   days on market $158,000 Active 69 DOM
9. 2026-06-07
   days on market $158,000 Active 68 DOM
10. 2026-06-07
    days on market $158,000 Active 67 DOM
11. 2026-06-04
    days on market $158,000 Active 64 DOM
12. 2026-06-02
    days on market $158,000 Active 63 DOM
13. 2026-06-01
    days on market $158,000 Active 62 DOM
14. 2026-05-31
    days on market $158,000 Active 61 DOM
15. 2026-05-31
    days on market $158,000 Active 60 DOM
16. 2026-05-16
    price $158,000 881-char remark

    Show marketing remark (881 chars)

    Home is still looking brand new after two years of occupancy. Very well maintained manufactured home located in Walkers Mill MHP. The buyers take great pride in how their home is taken care of and decorated. This three bedroom two bath home is at the end of the street for peace and quiet if you want to sit outside and enjoy the weather or have the family over for a barbeque. This home features a large living room for family gatherings, a large open kitchen area with a huge island and room for barstools. White cabinets with soft close doors, painted drywall and a large dining room with a sliding glass door for entertaining guest. A spacious master suite with two additional bedrooms and a bath on the other side of the house. Nicely landscaped yard and there is a new storage shed included. Schedule your showing today for this affordable home! You will not be disappointed!

17. 2026-03-31
    listed $160,000 Active 881-char remark

    Show marketing remark (881 chars)

    Home is still looking brand new after two years of occupancy. Very well maintained manufactured home located in Walkers Mill MHP. The buyers take great pride in how their home is taken care of and decorated. This three bedroom two bath home is at the end of the street for peace and quiet if you want to sit outside and enjoy the weather or have the family over for a barbeque. This home features a large living room for family gatherings, a large open kitchen area with a huge island and room for barstools. White cabinets with soft close doors, painted drywall and a large dining room with a sliding glass door for entertaining guest. A spacious master suite with two additional bedrooms and a bath on the other side of the house. Nicely landscaped yard and there is a new storage shed included. Schedule your showing today for this affordable home! You will not be disappointed!

18. 2024-12-27
    soldstatus $123,800 Closed 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

19. 2024-09-09
    status Pending 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

20. 2024-08-20
    status Active 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

21. 2024-08-15
    historical Active Under Contract 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

22. 2024-08-01
    price $123,800 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

23. 2024-07-05
    status Active 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

24. 2024-06-04
    status Pending 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

25. 2024-05-23
    price $124,900 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

26. 2024-04-01
    price $129,900 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

27. 2024-01-16
    price $134,900 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

28. 2023-11-22
    listed $135,000 Active 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

29. 2023-11-03
    historical $135,000 482-char remark

    Show marketing remark (482 chars)

    Up to 10 THOUSAND DOLLARS IN ASSISTANCE AVAILABLE! This brand new 3 Bedroom 2 Bath Skyline home features an expansive master bedroom with en-suit, a large open concept kitchen, dining, and living area, a massive island, soft close cabinetry, and loads of upgrades including drywall and vinyl flooring throughout the home. Located on an end lot in a quiet cul-de-sac in the quiet wooded community of Walkers Mill, this home is minutes from with easy access to route 404 and route 13.

30. 2011-01-10
    historical
31. 2010-07-17
    listed $20,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 8/10 Severe 7 d/yr ≥105°F today · 16 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 67% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,193
• − Mortgage interest: −$8,850
• − Property taxes: −$2,370
• − Insurance: −$790
• − Repairs & maintenance: −$1,855
• − Management: −$1,855
• − Depreciation: −$4,596
• Taxable income: $2,875
• Est. tax owed @ 24.0%: −$690
• After-tax cash flow: $4,529/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Woodbridge School District
• NCES district ID: 1001850
• Math proficiency: 17% ▼ -14.00%
• Reading proficiency: 34% ▼ -5.00%
• Median HH income: $48,711
• Composite: 22.28/100
• National rank: #8137
• State rank: #21 of 26 in DE

Livability — Bridgeville

• Score: 64/100
• State rank: #48
• US rank: #13807

Category grades

Amenities F Commute F Cost of living C+ Crime B Employment C Housing C+ Health & safety A User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• City population: 11,409
• Population (ZIP): 11,409

Population outlook (Sussex County) Hauer SSP2

• Today (2025): 248,853 people
• By 2030: 264,464 · +6.3%
• By 2040: 290,980 · +16.9%
• By 2050: 311,259 · +25.1%
• By 2075: 352,488 · +41.6%
• By 2100: 367,406 · +47.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: White 52% Hispanic / Latino 22% Black 21% Two or more races 10%
• Hispanic origin (detail): Mexican 9% Puerto Rican 2%
• Common ancestry: Romanian 2% Hispanic 2% Slovak 1%
• Foreign-born: 10% · Canada
• Languages at home: 80% English-only · Spanish 16% French/Haitian/Cajun 3% Other Indo-European 1%

Political lean MEDSL · Sussex

• 2024 margin: R (+11.0) · D 43.9% · R 54.9% · Other 1.2%
• 2008→2024 swing: -2.4pp toward R · 2008: -8.6pp · 2024: -11.0pp
• All cycles: 2024: R+11.0 2020: R+11.2 2016: R+22.0 2012: R+13.0 2008: R+8.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 1.14%
• Current HPI: 283.0199
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+670.7% since first listed

16 events — show timeline

• 2026-05-16 Price Changed $158,000 BRIGHT MLS
• 2026-03-31 Listed $160,000 BRIGHT MLS
• 2024-12-27 Sold (MLS) $123,800 BRIGHT MLS
• 2024-09-09 Pending — BRIGHT MLS
• 2024-08-20 Relisted — BRIGHT MLS
• 2024-08-15 Contingent — BRIGHT MLS
• 2024-08-01 Price Changed $123,800 BRIGHT MLS
• 2024-07-05 Relisted — BRIGHT MLS
• 2024-06-04 Pending — BRIGHT MLS
• 2024-05-23 Price Changed $124,900 BRIGHT MLS
• 2024-04-01 Price Changed $129,900 BRIGHT MLS
• 2024-01-16 Price Changed $134,900 BRIGHT MLS
• 2023-11-22 Listed $135,000 BRIGHT MLS
• 2023-11-03 Coming Soon $135,000 BRIGHT MLS
• 2011-01-10 Listing Removed — BRIGHT MLS
• 2010-07-17 Listed $20,500 BRIGHT MLS