








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Middletown at 369 Goodwick Dr, Middletown, DE, 19709 listed at $399,999 pairs $3,577/mo rent with a $1,958/mo payment to leave $1,262/mo cash flow. Total monthly income runs $3,577/mo, and annual cash flow reaches $15,148/yr on $132,600 cash to close. Return on cash invested measures 31.33% in year one, and rental yield registers 10.73% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 163.6% and total cumulative return in cash totals $216,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,577/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2020
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 19709, Middletown, DE area.
| 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 |
Residential
19,957
Single Family
19,720
Multi-Family
237
Businesses
1,085
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Amber Durand • Patterson-Schwartz Real Estate
Mls Name: Bright MLS
Mls ID: #DENC2092714