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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 456 Rederick Ln, Middletown, DE, 19709 earns $844/mo cash flow from $3,282/mo rent with a $2,062/mo payment. Total monthly income totals $3,282/mo, and annual cash flow totals $10,133/yr on $139,638 capital. ROI tracks 27.17% on current figures, and rental yield reads 9.35% at a $421,231 purchase. Equity gained on principal adds $2,718/yr, and 5% annual appreciation supports $116,378 over five years. Five-year ROI reaches 141.24% and total cumulative return in cash sums $197,229. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,282/mo property income instead of your personal income.
Townhouse
Built in 2024
N/A 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 |
|---|---|---|
| 2024-06-06 | Price change | $421,231 |
| 2024-05-30 | Listed for sale | $393,297 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $89.08 | -0.28% | $2,400 | N/A |
| 2022-10-14 | $89.33 | 1.25% | $2,400 | N/A |
| 2021-10-14 | $88.23 | 2565.56% | $2,400 | N/A |
Listed by: Tianne Bennett • Benchmark Builders
Mls Name: Benchmark Builders
Mls ID: #N/A
