








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 409 Smee Rd, Middletown, DE, 19709 with 5% annual appreciation on a $399,900 basis while $3,288/mo rent supports operations. Total monthly income totals $3,288/mo and a $1,957/mo payment preserves $974/mo for cash returns. Annual cash flow comes to $11,693/yr on $132,567 deployed, and return on cash invested reaches 28.73% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 9.87%. Five-year ROI measures 149.62% and total cumulative return in cash totals $198,344.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,288/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2016
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: Tony Harris • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #DENC2092408