232 E Main St, Middletown, DE, 19709 | $464/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

232 E Main St, Middletown, DE, 19709 | $464/mo Cash Flow | Ziffy

For Sale

Listed for sale 5 days ago

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1856 sft

110 Flying Cloud Dr, Chestertown, MD, 21620

3 Bed
4 Bath
2315 sft

Little Harbor Way #1, Chestertown, MD, 21620

3 Bed
1 Bath
1056 sft

925 Round Top Rd, Chestertown, MD, 21620

3 Bed
3 Bath
2304 sft

11993 Augustine Herman Hwy, Kennedyville, MD, 21645

Nearby investment properties with comparable prices

3 Bed
3 Bath
2550 sft

346 Goodwick Dr, Middletown, DE, 19709

4 Bed
2 Bath
1794 sft

32287 Quinn Rd, Massey, MD, 21650

4 Bed
3 Bath
3187 sft

14111 Turners Point Rd, Kennedyville, MD, 21645

3 Bed
4 Bath
2550 sft

344 Goodwick Dr, 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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Middletown at 232 E Main St, Middletown, DE, 19709 priced at $427,985 pairs $2,941/mo rent with $464/mo cash flow after a $2,095/mo payment. Total monthly income equals $2,941/mo, and annual cash flow comes to $5,573/yr on $141,877 invested. Return on cash invested is 23.84% in year one, and rental yield stands at 8.25% on a $427,985 basis. Equity gained on principal adds $2,762/yr, and 5% annual appreciation accumulates to $118,244 by year five. Five-year ROI measures 123.39% and total cumulative return in cash reaches $175,062. For financing, Ziffy Mortgage’s DSCR program evaluates $2,941/mo property income against a $2,095/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

New home, ready early spring! Welcome to the Serenade at Crossings at Silver Lake - the only new homes walkable to Middletown's Main Street, adjacent to the new library, YMCA, and Silver Lake Park. This spacious townhome combines modern design, convenience, and unbeatable value in the sought-after Appoquinimink School District. This Serenade home offers 3 bedrooms, 2 full baths, 1 half bath, and 2,179 sq. ft. of thoughtfully designed living space. Plus, enjoy the convenience of a 2-car garage. Step inside and experience the open-concept layout designed for easy living. Luxury vinyl plank flooring flows throughout the main level, creating a clean, stylish look perfect for everyday life. The gourmet kitchen is the heart of the home, featuring white upgraded cabinetry, quartz and granite countertops, a large island, and a sleek hooded vent. All appliances, including the refrigerator, are included, so you can start cooking from day one. The great room and dining area make entertaining effortless, while the rear covered porch offers a relaxing outdoor space for morning coffee or evening gatherings. Upstairs, the luxury owner's suite feels like a retreat with a tray ceiling, walk-in closet, and spa-inspired bath complete with dual vanities, a Roman shower, and tile surround. Two additional bedrooms and a full bath provide plenty of space for family, guests, or a home office. Need more room? The finished basement includes a bedroom and full bath, giving you flexibility for a gues

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