240 E Main St, Middletown, DE, 19709 | $1,012/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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240 E Main St, Middletown, DE, 19709 | $1,012/mo Cash Flow | Ziffy

For Sale

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 240 E Main St, Middletown, DE, 19709 priced at $445,990 pairs $3,593/mo rent with $1,012/mo cash flow after a $2,183/mo payment. Total monthly income equals $3,593/mo, and annual cash flow comes to $12,148/yr on $147,846 invested. Return on cash invested is 28.13% in year one, and rental yield stands at 9.67% on a $445,990 basis. Equity gained on principal adds $2,878/yr, and 5% annual appreciation accumulates to $123,219 by year five. Five-year ROI measures 146.4% and total cumulative return in cash reaches $216,439. For financing, Ziffy Mortgage’s DSCR program evaluates $3,593/mo property income against a $2,183/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

Welcome to Crossings at Silver Lake, the only new homes walkable to Middletown's Main Street, adjacent to the new library, YMCA & Silver Lake Park. Enjoy outdoor living and a 2-car garage included in your new home. Don't miss your chance to purchase your brand-new home in this amazing maintenance-free community. The Serenade is the perfect combination of luxury and comfort. This beautiful home will be ready for a winter move-in! With a stunning curb appeal, this home features modern bronze windows and a large, rear covered porch and is filled with ambient light with extra side windows. Entering on the lower level, this home features a 2-car garage, a first-floor guest bedroom and full bathroom. Upstairs, you are guided into the kitchen, dining, and living area with luxury vinyl plank flooring throughout. The open-concept kitchen includes plenty of upgrade such as, upgraded white cabinetry, quartz countertops, stainless steel appliances, hooded vent and so much more! No need to sacrifice outdoor living in this townhome - the rear covered porch will be your new favorite hideaway. On the third level, the 2 secondary bedrooms make this townhome feel like a single-family home with ample closet space and natural light. The owner's suite is your own private retreat with tray ceiling, walk-in closet, and ensuite bath with dual vanities. If you want to see more of the Serenade, contact us or schedule an appointment today!

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