400 Rederick Ln #1, Middletown, DE, 19709 | $33/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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400 Rederick Ln #1, Middletown, DE, 19709 | $33/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 400 Rederick Ln #1, Middletown, DE, 19709 offers $3,580/mo rent that, after a $3,000/mo payment, leaves $33/mo cash flow. Total monthly income is $3,580/mo, and annual cash flow is $401/yr on $201,677 cash. Return on cash invested measures 20.26% in year one, and rental yield stands at 7.01% at a $613,000 entry. Equity gained on principal adds $3,956/yr while 5% annual appreciation compounds into $169,361 by year five. Five-year ROI records 104.16% and total cumulative return in cash reaches $210,061. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,580/mo property income versus a $3,000/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.25 Acres lot

$N/A/sqft

No HOA

More details about the property

TO BE BUILT-The Greenspring -This beautiful home features 4 bedrooms, 2.5 baths, 2 car garage. Standard features include a partially finished basement, Granite kitchen countertops, 42" maple cabinets, stainless steel appliances, hardwood floors in foyer, kitchen & breakfast area & a stone water table on the exterior. Appoquinimink School district! Self-Guided Tours available daily 7 am-8 pm. Download "NterNow" APP on smart phone. Enter property ID at front door of Model; scan drivers license and door will auto unlock. Please make sure door is closed and door will auto lock.

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