1518 Lesterfield WayMiddletownDE19709
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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 1518 Lesterfield Way, Middletown, DE, 19709 listed at $689,900 pairs $3,540/mo rent with a $3,377/mo payment. Total monthly income runs $3,540/mo. Return on cash invested measures 17.67% in year one, and rental yield registers 6.16% at a $689,900 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,607 by year five. Five-year ROI tracks 90.26% and total cumulative return in cash totals $204,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,540/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
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
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Listed by: Barbara Heilman • Delaware Homes Inc
Mls Name: Bright MLS
Mls ID: #DENC2089426