2 N Cummings Dr, Middletown, DE, 19709 | $339/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2 N Cummings Dr, Middletown, DE, 19709 | $339/mo Cash Flow | Ziffy

Off market

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NMLS #2625701

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701 S Broad St, Middletown, DE, 19709

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

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Investment Highlights

Rental property for sale in Middletown at 2 N Cummings Dr, Middletown, DE, 19709 generates $2,866/mo in rent and, after a $2,060/mo payment, leaves $339/mo in cash flow. Total monthly income is $2,866/mo, and annual cash flow is $4,063/yr on $139,528 invested. Return on cash invested sits at 22.82% in year one, and rental yield is 8.17% on a $420,900 entry. Equity gained on principal adds $2,716/yr, while 5% annual appreciation builds toward $116,287 over five years. Five-year ROI reaches 118.22% and total cumulative return in cash sums $164,954. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,866/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

0.25 Acres lot

$N/A/sqft

$29 monthly HOA

More details about the property

This 3250 square foot single family home has 3 bedrooms and 2.5 bathrooms. This home is located at 2 N Cummings Dr, Middletown, DE 19709.

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