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1113 Governor House Cir, Wilmington, DE 19809 — $150,000 · 1bd · ~1% rule | OnePercent

1113 Governor House Cir, Wilmington, DE 19809

$150,000

Home·Wilmington 19809·1113 Governor House Cir, Wilmington, DE 19809

Confirmed 1 day ago

1113 Governor House Cir, Wilmington, DE 19809

1 bd · 1 ba · 650 sqft · built 1988 · Wilmington · CONDOS·source listing ↗

$150,000

rent, three ways

OnePercent model (vv1)$1,562/mo

p10–p90 confidence band

HUD Fair Market Rent · 19809 · 1BR$1,500/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

New Castle

Flood risk indexRelatively Low FEMA NRI

Median household income$81,288

Median area rent$1,495/mo

Median home value$314,900

the verdict

1.04%vs 0.8% target

financing: 20% down · — (FRED, live) · 30yr

$150,000

1.04% · rent $1,562

Intrinsic value · income approach

$240,292

38% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.