20 Palmer Dr, Middletown, DE, 19709 | $223/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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20 Palmer Dr, Middletown, DE, 19709 | $223/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Middletown at 20 Palmer Dr, Middletown, DE, 19709 priced at $655,000 pairs $4,013/mo rent with $223/mo cash flow after a $3,206/mo payment. Total monthly income equals $4,013/mo, and annual cash flow comes to $2,676/yr on $215,495 invested. Return on cash invested is 21.3% in year one, and rental yield stands at 7.35% on a $655,000 basis. Equity gained on principal adds $4,227/yr, and 5% annual appreciation accumulates to $180,964 by year five. Five-year ROI measures 109.73% and total cumulative return in cash reaches $236,471. For financing, Ziffy Mortgage’s DSCR program evaluates $4,013/mo property income against a $3,206/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2003

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy an unbeatable location overlooking the 16th hole of the golf coursea scenic par 3 positioned away from the home, ensuring privacy and peace without the worry of errant golf balls. This stunning 4-bedroom, 3.5-bath home offers a flexible floor plan with over 4,900 sq. ft. of finished living space, including a fully finished walk-out lower level. In addition to the open area game room/ family room, and a separate office/exercise room, the lower level also features both a bonus space currently used as a 5th bedroom with walk in closest and its own attached full bath ideal for guests or multi-generational living. On the main floor, youll find a dedicated office, formal dining room, and an eat-in kitchen that flows into an extended sunroom. From here, sliding glass doors lead to a private patio perfect for relaxing or entertaining. The two-story living room impresses with 24-foot ceilings and a full wall of windows that flood the space with natural light and showcase serene golf course views. Upstairs, the spacious primary suite includes a sitting room, a luxurious ensuite bath, and generous closet space. Three additional bedrooms share a full hall bath. With its open layout, abundant natural light, and rare golf course setting, this home offers the perfect blend of elegance, comfort, and peace of mind.

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