421 Quincy AveMiddletownDE19709
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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
Investment Highlights
Investment property for sale in Middletown at 421 Quincy Ave, Middletown, DE, 19709 earns $1,137/mo cash flow from $3,162/mo rent with a $1,713/mo payment. Total monthly income totals $3,162/mo, and annual cash flow totals $13,644/yr on $115,992 capital. ROI tracks 31.67% on current figures, and rental yield reads 10.84% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 165.43% and total cumulative return in cash sums $191,886. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,162/mo property income instead of your personal income.
Townhouse
Built in 2005
9,148 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,957
Single Family
19,720
Multi-Family
237
Businesses
1,085
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Listed by: Oliver Millwood II • Empower Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #DENC2086788