🏷️ Likely Rental
827 E 17th St · Wilmington, DE
Flood risk 4/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.24%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $476 – $884
Heat risk 8/10 · Major
- Hot days now (above 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
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 +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Rent growth +3.9/5.0
- Livability +3.2/5.0
- Schools +3.1/10.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$79,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
Key facts
- Built 1900
- Listed 13 days
Property features AI
Exterior
- Parking: On-street parking
- Utilities: Public water; Public sewer; Natural gas heating and hot water
- Home design: Interior townhouse/rowhouse; Fee simple ownership
- Construction: Brick construction; Stone foundation; Above-grade and below-grade structures; Built year per assessor
- Exterior features: Town lot approximately 15.7 x 85 feet; Property is within city limits
Interior
- Bedrooms: 2 bedrooms on the first upper level
- Bathrooms: 1 full bathroom
- Heating & cooling: Forced air heating; Natural gas hot water
- Interior features: Unfinished basement
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath townhouse listed at $80k.
Deal economics
- At list price, monthly cash flow is $821 ($10k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $80k).
- Cap rate 18.6% vs local median 5.6% in Wilmington — 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 (#52 in DE) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A; Watch: employment D+, schools D, commute D.
- Brandywine School District (suburban): math 28% / reading 40% proficiency, ranked #11 of 26 in DE (top 42%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents rising fast (+5.7%/yr); 119 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 42% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,367 units permitted in New Castle County in 2024 (201 in 5+ unit buildings).
- This rent runs 37% of the median local income ($54k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $552 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- New Castle County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
- At projected returns (-3.0% appreciation + 5.7% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.
Negotiation context
- Only 13 days on market — expect competitive offers; lowballing is unlikely to land.
- 12 sale attempts since 27y 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.
Risks & watch-outs
- Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 27% 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.
Questions for the listing agent
- Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- 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.
- 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.
- 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
- 2.10% ✓
- Cap rate
- 18.63%
- Cash-on-cash
- 44.05%
- DSCR
- 2.96
- GRM
- 4.0
CMA / ARV
- ARV (median comp)
- $105,985
- List price
- $79,900
- Delta
- -24.61%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 827 E 17th St | 0.00mi | 2/1.0 | 925 (0%) | 1mo | $75,000 | $81 | 99 |
| 1001 N Church St | 0.42mi | 2/1.0 | 894 (-3%) | 1mo | $148,000 | $166 | 74 |
| 610 E 22nd St | 0.17mi | 2/1.0 | 1,025 (+11%) | 4mo | $71,000 | $69 | 70 |
| 735 E 10th St | 0.43mi | 3/1.0 (+1) | 950 (+3%) | 5mo | $101,000 | $106 | 67 |
| 910 N Spruce St | 0.49mi | 2/1.0 | 850 (-8%) | 4mo | $107,500 | $126 | 61 |
| 202 E Thirteenth St | 0.49mi | 2/1.0 | 975 (+5%) | 9mo | $165,000 | $169 | 61 |
| 2601 N Heald St | 0.38mi | 3/1.0 (+1) | 1,022 (+10%) | 2mo | $145,000 | $142 | 58 |
| 1880 Superfine Ln #7 | 0.49mi | 1/1.0 (-1) | 996 (+8%) | 2mo | $165,000 | $166 | 58 |
| 321 E 9th St | 0.60mi | 2/1.0 | 850 (-8%) | 4mo | $58,000 | $68 | 55 |
| 806 E Eighth St | 0.61mi | 2/1.0 | 1,000 (+8%) | 8mo | $128,000 | $128 | 52 |
| 9 E 24th St | 0.44mi | 3/1.0 (+1) | 1,025 (+11%) | 6mo | $112,500 | $110 | 52 |
| 3003 N Tatnall St | 0.72mi | 2/1.0 | 1,050 (+14%) | 1mo | $165,000 | $157 | 44 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.72% rent growth · sell at horizon
- IRR
- 43.9%
- Equity multiple
- 2.97×
- Total profit
- $44,056
- Equity at exit
- $11,913
- IRR
- 51.1%
- Equity multiple
- 6.64×
- Total profit
- $126,106
- Equity at exit
- $6,908
Cash invested: $22,372 (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
ZIP-level market 19802
- Rents YoY
- 5.7%
- Active inventory
- 119
- Price-to-rent
- 4.0×
Monthly cashflow live
- Estimated rent
- $1,674 high interval (Pro) →
- Mortgage (P&I)
- −$419
- Tax from tax record
- −$49 /mo · $588/yr
- Insurance
- −$33
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$352
- Net cashflow
- $821
Break-even live
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
- $19,975
- Closing costs
- $2,397
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 918 E 17th St Unit 1 Wilmington, DE | 3.0 | 1.0 | 1100 | $1,795 | $1.63 | 1d | 1 | 0.05mi |
| 518 E 12th St Wilmington, DE | 2.0 | 1.0 | 875 | $1,425 | $1.63 | 20d | 1 | 0.36mi |
| 1026 Bennett St Wilmington, DE | 3.0 | 1.0 | 1125 | $1,685 | $1.50 | 1d | 1 | 0.37mi |
| 2601 N Heald St Wilmington, DE | 3.0 | 1.0 | 1025 | $1,795 | $1.75 | 1d | 1 | 0.40mi |
| 1004 N Spruce St Wilmington, DE | 3.0 | 1.5 | 1075 | $1,800 | $1.67 | 18d | 1 | 0.40mi |
| 103 E 24th St Unit 1 Wilmington, DE | 3.0 | 1.0 | 1025 | $1,795 | $1.75 | 43d | 1 | 0.40mi |
| 2705 Speakman Pl Wilmington, DE | 3.0 | 1.5 | 1100 | $1,975 | $1.80 | 12d | 1 | 0.46mi |
| 835 N Spruce St Wilmington, DE | 3.0 | 1.0 | 775 | $1,700 | $2.19 | 1d | 1 | 0.53mi |
| 108 E 28th St Wilmington, DE | 1.0 | 1.0 | 600 | $1,325 | $2.21 | 24d | 1 | 0.53mi |
| 6 W 20th St Wilmington, DE | 2.0 | 1.0 | 650 | $1,395 | $2.15 | 43d | 1 | 0.53mi |
| 1212 N King St Wilmington, DE | 1.0 | 1.5 | 1000 | $1,650 | $1.65 | 43d | 1 | 0.55mi |
| 101 W 10th St Wilmington, DE | 1.0 | 1.0 | 732 | $2,150 | $2.94 | 4d | 14 | 0.72mi |
| 913 N Market St Wilmington, DE | 1.0–2.0 | 1.0–2.0 | 974 | $1,985 | $2.04 | 43d | 5 | 0.72mi |
| 306 Concord Ave Unit 2 Wilmington, DE | 3.0 | 1.0 | 1100 | $1,350 | $1.23 | 43d | 1 | 0.73mi |
| 1001 N Orange St Wilmington, DE | 1.0–2.0 | 1.0–2.0 | 833 | $2,135 | $2.56 | 1d | 62 | 0.74mi |
| 312 Concord Ave Unit 1 Wilmington, DE | 1.0 | 1.0 | 600 | $1,195 | $1.99 | 43d | 1 | 0.74mi |
| 312 Concord Ave Unit 2 Wilmington, DE | 2.0 | 1.0 | 700 | $1,295 | $1.85 | 24d | 1 | 0.74mi |
| 116 W 9th St Wilmington, DE | 1.0–2.0 | 1.0–2.0 | 813 | $2,250 | $2.77 | 2d | 16 | 0.80mi |
| 801 N Market St Unit 303 Wilmington, DE | 1.0 | 1.0 | 790 | $1,695 | $2.15 | 5d | 1 | 0.80mi |
| 801 N Market St Unit 206 Wilmington, DE | 1.0 | 1.0 | 728 | $1,495 | $2.05 | 5d | 1 | 0.80mi |
| 801 N Market St Unit 301 Wilmington, DE | 1.0 | 1.0 | 630 | $1,725 | $2.74 | 43d | 1 | 0.80mi |
| 801 N Market St Unit 206 Wilmington, DE | 1.0 | 1.0 | 728 | $1,495 | $2.05 | 43d | 1 | 0.80mi |
| 409 W 20th St Unit 2 Wilmington, DE | 2.0 | 1.0 | 1100 | $1,500 | $1.36 | 12d | 1 | 0.82mi |
| 409 W 20th St Unit 2 Wilmington, DE | 2.0 | 1.0 | 1100 | $1,700 | $1.55 | 10d | 1 | 0.82mi |
| 228 W 9th St Unit 201 Wilmington, DE | 2.0 | 2.0 | 1031 | $1,695 | $1.64 | 44d | 1 | 0.84mi |
| 801 N Orange St Wilmington, DE | 3.0 | 1.0–3.0 | 1118 | $3,211 | $2.87 | 2d | 117 | 0.84mi |
| 15 W Girard St Unit 105 Wilmington, DE | 2.0 | 1.0 | 740 | $1,645 | $2.22 | 5d | 1 | 0.85mi |
| 400 W 29th St Wilmington, DE | 3.0 | 1.5 | 1125 | $1,950 | $1.73 | 43d | 1 | 0.86mi |
| 839 N Tatnall St Unit 303 Wilmington, DE | 2.0 | 2.0 | 876 | $1,475 | $1.68 | 5d | 1 | 0.86mi |
| 824 N West St Wilmington, DE | 1.0 | 1.0 | 700 | $1,262 | $1.80 | 43d | 1 | 0.88mi |
| 703 Orange St Wilmington, DE | 1.0–2.0 | 1.0 | 800 | $1,475 | $1.84 | 43d | 1 | 0.89mi |
| 604 W 20th St Unit 2 Wilmington, DE | 2.0 | 1.0 | 900 | $1,195 | $1.33 | 24d | 1 | 0.93mi |
| 608 W 20th St Wilmington, DE | 2.0 | 1.0 | 800 | $1,400 | $1.75 | 43d | 1 | 0.94mi |
| 2 W 4th St Wilmington, DE | 1.0 | 1.0 | 623 | $1,908 | $3.06 | 3d | 5 | 1.00mi |
| 613 W 10th St Wilmington, DE | 2.0 | 1.0 | 1100 | $1,745 | $1.59 | 43d | 1 | 1.00mi |
| 517 N West St Wilmington, DE | 1.0 | 1.0 | 646 | $1,295 | $2.00 | 24d | 1 | 1.03mi |
| 225 W 4th St Unit 1 Wilmington, DE | 1.0 | 1.0 | 750 | $1,399 | $1.87 | 43d | 1 | 1.04mi |
| 225 W 4th St Unit 2 Wilmington, DE | 2.0 | 1.0 | 1000 | $1,599 | $1.60 | 43d | 1 | 1.04mi |
| 600 N Washington St Wilmington, DE | 1.0 | 1.0 | 700 | $1,275 | $1.82 | 43d | 1 | 1.04mi |
| 210 N Market St Wilmington, DE | 1.0 | 1.0 | 746 | $1,750 | $2.34 | 2d | 6 | 1.05mi |
Listing history 35 events
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2026-05-08status Pending 210-char remark
-
2026-04-24$79,900 Active 210-char remark
-
2020-02-20historical 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2020-02-17soldstatus $18,300 Closed 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2020-02-10status Pending 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2019-12-27price $25,900 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2019-12-09status Active 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2019-12-09price $26,900 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2019-12-01historical 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2019-11-10price $27,900 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
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2019-09-20price $29,900 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2019-08-07status Active 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2019-04-10status Pending 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2019-03-13status Active 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2018-12-20status Pending 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2018-11-15status Active 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
-
2018-11-04status Pending 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
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2018-10-26$31,000 Active 436-char remark
Show marketing remark (436 chars)
This 2 bedroom home is now available for purchase. Home is currently tenant occupied and offers a reliable cash flow. All showings must be requested with 48 hour notice in order to notify the tenant. Property is one of a portfolio of investment properties. You may buy one, or entire package. Call for details of our list of other units. Owner is selling as-is, no repairs will be made to home. Home needs some TLC reflected in pricing.
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2015-06-30soldstatus $83,000
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2013-06-03soldstatus $20,000 Sold
Show marketing remark (302 chars)
Being sold as part of a package ONLY! All properties together for $120,000! Owner Financed!! Properties included are 803, 815, 827, 834, 905 and 929 East 17th Street. Get the easier ones fixed and rented, and cover your payments. Get all 6 stabilized within 3 years and have incredible cash flow.
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2013-06-03soldstatus $20,000
Show marketing remark (302 chars)
Being sold as part of a package ONLY! All properties together for $120,000! Owner Financed!! Properties included are 803, 815, 827, 834, 905 and 929 East 17th Street. Get the easier ones fixed and rented, and cover your payments. Get all 6 stabilized within 3 years and have incredible cash flow.
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2013-05-16status Under Contract
Show marketing remark (302 chars)
Being sold as part of a package ONLY! All properties together for $120,000! Owner Financed!! Properties included are 803, 815, 827, 834, 905 and 929 East 17th Street. Get the easier ones fixed and rented, and cover your payments. Get all 6 stabilized within 3 years and have incredible cash flow.
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2013-05-10historical
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2013-04-18$20,000 Active
Show marketing remark (302 chars)
Being sold as part of a package ONLY! All properties together for $120,000! Owner Financed!! Properties included are 803, 815, 827, 834, 905 and 929 East 17th Street. Get the easier ones fixed and rented, and cover your payments. Get all 6 stabilized within 3 years and have incredible cash flow.
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2013-04-18$20,000
Show marketing remark (302 chars)
Being sold as part of a package ONLY! All properties together for $120,000! Owner Financed!! Properties included are 803, 815, 827, 834, 905 and 929 East 17th Street. Get the easier ones fixed and rented, and cover your payments. Get all 6 stabilized within 3 years and have incredible cash flow.
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2008-12-31historical
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2008-08-05$65,000
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2001-10-22soldstatus $26,000
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2001-10-02$26,000
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2001-10-02historical
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2000-06-30historical
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1999-11-22$30,000
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1999-05-31historical
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1999-02-11$38,500
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1985-10-01soldstatus $26,900
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast DE · Partial reset (capped growth)
- Current annual tax
- $588 · $49/mo
- Projected year-2 tax
- $588 · $49/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 4/10 Moderate FEMA zone X (unshaded) · 24% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 8/10 Severe 7 d/yr ≥103°F today · 16 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $20,089
- − Mortgage interest
- −$4,476
- − Property taxes
- −$588
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,607
- − Management
- −$1,607
- − Depreciation
- −$2,324
- Taxable income
- $9,087
- Est. tax owed @ 24.0%
- −$2,181
- After-tax cash flow
- $7,674/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
- Brandywine School District
- NCES district ID
- 1001240
- Math proficiency
- 28% ▼ -13.00%
- Reading proficiency
- 40% ▼ -13.00%
- Median HH income
- $68,743
- Composite
- 31.27/100
- National rank
- #6019
- State rank
- #11 of 26 in DE
Livability — Wilmington
- Score
- 64/100
- State rank
- #52
- US rank
- #14251
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Wilmington, DE
- County
- New Castle County · 483,412 people
- City population
- 173,480
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- Population (ZIP)
- 26,051
- Household income
- $53,812
- Rent vs Own
- Severe rent burden
- 1816.0
Population outlook (New Castle County) Hauer SSP2
- Today (2025)
- 594,686 people
- By 2030
- 609,164 · +2.4%
- By 2040
- 632,154 · +6.3%
- By 2050
- 649,068 · +9.1%
- By 2075
- 687,771 · +15.7%
- By 2100
- 694,961 · +16.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly Black (68%)
- Race & ethnicity
- Black 68% White 20% Hispanic / Latino 7% Two or more races 5%
- Hispanic origin (detail)
- Puerto Rican 4%
- Common ancestry
- Slovak 1% Romanian 1% Italian 1%
- Foreign-born
- 11% · Canada, Jamaica, China
- Languages at home
- 92% English-only · Spanish 4% Arabic 0%
Political lean MEDSL · New Castle
- 2024 margin
- Solid D (+32.6) · D 65.5% · R 32.9% · Other 1.6%
- 2008→2024 swing
- -8.1pp toward R · 2008: 40.6pp · 2024: 32.6pp
- All cycles
- 2024: D+32.6 2020: D+37.1 2016: D+29.6 2012: D+34.1 2008: D+40.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -296.47%
- Current HPI
- 225.6613
- Rent YoY
- ▲ 5.72%
- Metro
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
- State GDP YoY
- —
- F500 in state
- 0
Price history
+178.8% since first listed36 events — show timeline
- 2026-05-28 Sold (MLS) $75,000 BRIGHT MLS
- 2026-05-08 Pending — BRIGHT MLS
- 2026-04-24 Listed $79,900 BRIGHT MLS
- 2020-02-20 Listing Removed — BRIGHT MLS
- 2020-02-17 Sold (MLS) $18,300 BRIGHT MLS
- 2020-02-10 Pending — BRIGHT MLS
- 2019-12-27 Price Changed $25,900 BRIGHT MLS
- 2019-12-09 Relisted — BRIGHT MLS
- 2019-12-09 Price Changed $26,900 BRIGHT MLS
- 2019-12-01 Listing Removed — BRIGHT MLS
- 2019-11-10 Price Changed $27,900 BRIGHT MLS
- 2019-09-20 Price Changed $29,900 BRIGHT MLS
- 2019-08-07 Relisted — BRIGHT MLS
- 2019-04-10 Pending — BRIGHT MLS
- 2019-03-13 Relisted — BRIGHT MLS
- 2018-12-20 Pending — BRIGHT MLS
- 2018-11-15 Relisted — BRIGHT MLS
- 2018-11-04 Pending — BRIGHT MLS
- 2018-10-26 Listed $31,000 BRIGHT MLS
- 2015-06-30 Sold (Public Records) $83,000 Public Records
- 2013-06-03 Sold (MLS) $20,000 BRIGHT MLS
- 2013-06-03 Sold (MLS) $20,000 TREND
- 2013-05-16 Pending — TREND
- 2013-05-10 Listing Removed — BRIGHT MLS
- 2013-04-18 Listed $20,000 BRIGHT MLS
- 2013-04-18 Listed $20,000 TREND
- 2008-12-31 Listing Removed — BRIGHT MLS
- 2008-08-05 Listed $65,000 BRIGHT MLS
- 2001-10-22 Sold (MLS) $26,000 BRIGHT MLS
- 2001-10-02 Listed $26,000 BRIGHT MLS
- 2001-10-02 Listing Removed — BRIGHT MLS
- 2000-06-30 Listing Removed — BRIGHT MLS
- 1999-11-22 Listed $30,000 BRIGHT MLS
- 1999-05-31 Listing Removed — BRIGHT MLS
- 1999-02-11 Listed $38,500 BRIGHT MLS
- 1985-10-01 Sold (Public Records) $26,900 Public Records
Property tax history
+2.2%/yrLatest (2024): $588 · +10.2% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…