232 Armata DrMiddletownDE19709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 232 Armata Dr, Middletown, DE, 19709 at $570,000 posts ROI 24.73% with $730/mo cash flow from $4,028/mo rent. Total monthly income equals $4,028/mo, and annual cash flow records $8,757/yr on $187,530 to close. Return on cash invested measures 24.73% and rental yield reads 8.48% at the current $570,000. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,480 by year five. Five-year ROI prints 128.13% and total cumulative return in cash totals $240,277.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,028/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
7,405 sqft 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: Pam Covey • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #DENC2094752