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827 E 17th St 🏷️ Likely Rental
B+ Composite 77.76
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

827 E 17th St · Wilmington, DE 19802
2 bd · 1.0 ba · 925 sqft · Townhouse public records · 13 Days on market
Built 1900 1,307 sqft lot $86/sqft · 25% below area Est $106k · 25% under

🖨 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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…
🏷️ Possibly a rental listed for sale. The $79,900 price doesn't fit this home's estimated sale value (~$105,985) and the remarks read like a rental — treat the cards below with caution.

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.
Recommended offer $79,900

Questions for the listing agent

  1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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?
  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
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

5-year hold
IRR
43.9%
Equity multiple
2.97×
Total profit
$44,056
Equity at exit
$11,913
10-year hold
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
Court of Common Pleas hears L&T; moderate-paced. No state rent control.

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

Break-even rent $635
Max offer price $79,900
Occupancy floor 46%

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

AddressBedsBaths SqftRent$/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

  1. 2026-05-08
    status Pending 210-char remark
  2. 2026-04-24
    listed $79,900 Active 210-char remark
  3. 2020-02-20
    historical 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.

  4. 2020-02-17
    soldstatus $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.

  5. 2020-02-10
    status 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.

  6. 2019-12-27
    price $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.

  7. 2019-12-09
    status 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.

  8. 2019-12-09
    price $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.

  9. 2019-12-01
    historical 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.

  10. 2019-11-10
    price $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.

  11. 2019-09-20
    price $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.

  12. 2019-08-07
    status 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.

  13. 2019-04-10
    status 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.

  14. 2019-03-13
    status 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.

  15. 2018-12-20
    status 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.

  16. 2018-11-15
    status 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.

  17. 2018-11-04
    status 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.

  18. 2018-10-26
    listed $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.

  19. 2015-06-30
    soldstatus $83,000
  20. 2013-06-03
    soldstatus $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.

  21. 2013-06-03
    soldstatus $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.

  22. 2013-05-16
    status 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.

  23. 2013-05-10
    historical
  24. 2013-04-18
    listed $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.

  25. 2013-04-18
    listed $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.

  26. 2008-12-31
    historical
  27. 2008-08-05
    listed $65,000
  28. 2001-10-22
    soldstatus $26,000
  29. 2001-10-02
    listed $26,000
  30. 2001-10-02
    historical
  31. 2000-06-30
    historical
  32. 1999-11-22
    listed $30,000
  33. 1999-05-31
    historical
  34. 1999-02-11
    listed $38,500
  35. 1985-10-01
    soldstatus $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

Loading nearby amenities…

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
combined federal + state — saved on this device
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

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

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
51.5% rent · 48.5% 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 listed
36 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%/yr

Latest (2024): $588 · +10.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…