2407 Lamotte St, Wilmington, DE 19802

3 bd · 1 ba · 1,150 sqft · built 1925 · Wilmington · TOWNHOMES·source listing ↗

$149,999

rent, three ways

OnePercent model (vv1)$1,631/mo

p10–p90 confidence band

HUD Fair Market Rent · 19802 · 3BR

$1,920/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

New Castle

Flood risk indexRelatively High FEMA NRI

Median household income$53,812

Median area rent$1,227/mo

Median home value$194,600

the verdict

1.09%vs 0.9% target

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

$149,999

1.09% · rent $1,631

Intrinsic value · income approach

$207,716

28% 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.