1611 Ellinor CtMiddletownDE19709








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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 1611 Ellinor Ct, Middletown, DE, 19709 offers a 8.46% rental yield on a $649,900 purchase with $4,584/mo rent. Total monthly income registers $4,584/mo, and a $3,181/mo payment leaves $617/mo available for distribution. Annual cash flow reaches $7,400/yr on $213,817 to close, and return on cash invested stands at 23.52% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,555 over five years. Portfolio math shows five-year ROI at 122.06% and total cumulative return in cash at $260,982. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,584/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.28 Acres lot
$N/A/sqft
$170 monthly 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 |
|---|---|---|
| 2025-10-17 | Price change | $649,900 |
| 2025-09-28 | Price change | $689,900 |
| 2025-08-30 | Listed for sale | $709,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-31 | N/A | N/A | $543,400 | 383.02% |
| 2024-10-31 | $4143.96 | 19.61% | $112,500 | N/A |
| 2023-10-31 | $3464.67 | 0.16% | $112,500 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2019
- Architectural Style: Cape Cod
- Building Area: 3,525
- Living Area: 3,525 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air, Natural Gas
- Flooring: Carpet
- Interior Features: Bathroom - Walk-In Shower, Ceiling Fan(s), Open Floorplan, Eat-in Kitchen, Kitchen Island, Primary Bath(s), Walk-In Closet(s), Upgraded Countertops
- Exterior Features: Barbecue, Extensive Hardscape
- Parking Features: Built In, Attached
Location
- City: Middletown
- State: DE
- Subdivision: Preserve At Deep Crk
- Lot Size: 0.28 Acres
- Lot Features: Backs - Open Common Area, Landscaped
- View: N/A
HOA & Fees
- HOA Fee: $170 monthly
- Association Fee: $170 monthly
- Fees & Dues: N/A
- Association Amenities: Common Grounds, Clubhouse, Pool, Fitness Center, Dog Park
- Association Fee Includes: Maintenance Grounds
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Community
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Megan Aitken • Keller Williams Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2091388
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