126 Green Forest Dr #2MiddletownDE19709
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Middletown at 126 Green Forest Dr #2, Middletown, DE, 19709 with 5% annual appreciation on a $638,000 basis while $3,904/mo rent supports operations. Total monthly income totals $3,904/mo and a $3,123/mo payment preserves $186/mo for cash returns. Annual cash flow comes to $2,235/yr on $209,902 deployed, and return on cash invested reaches 21.13% in year one. Equity gained on principal adds $4,117/yr, and five-year appreciation sums $176,268 alongside rental yield of 7.34%. Five-year ROI measures 108.86% and total cumulative return in cash totals $228,506.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,904/mo property income versus a $3,123/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
$310 annually HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 19709, Middletown, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,449 (100%) |
| Owner Occupied HU | 17,725 (86.7%) |
| Renter Occupied HU | 2,165 (10.6%) |
| Vacant Housing Units | 559 ( 2.7%) |
| Median Home Value | $459,211 |
| Average Home Value | $489,425 |
Housing Distribution
Address Breakdown
Residential
19,957
Single Family
19,720
Multi-Family
237
Businesses
1,085
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-04 | Listed for sale | $638,000 |
| 2025-05-04 | Listing removed | $638,000 |
| 2024-05-14 | Price change | $638,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: N/A
- Architectural Style: Colonial
- Building Area: 2,586
- Living Area: 2,586 sqft
- Property Condition: Excellent
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air, Electric
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage Faces Front, Driveway, Attached
Location
- City: Middletown
- State: DE
- Subdivision: Rothwell Estates
- Lot Size: 0.34 Acres
- Lot Features: Backs to Trees, Backs - Open Common Area
- View: N/A
HOA & Fees
- HOA Fee: $310 annually
- Association Fee: $310 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Underground Utilities
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Crystal Run
- Middle School: Alfred G Waters
- High School: Middletown
Listed by: Lindsay Shaffer • RE/MAX Elite
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2079880
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