458 Rederick LnMiddletownDE19709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 458 Rederick Ln, Middletown, DE, 19709 uses $144,290 cash to close to unlock $7,415/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $3,136/mo, and a $2,130/mo payment keeps the spread at $618/mo. Purchase price stands at $435,264, and rental yield measures 8.65% with $3,136/mo rent. Return on cash invested shows 25.05% in year one, and 5% annual appreciation builds toward $120,255 over five years. Five-year ROI reaches 129.86% and total cumulative return in cash records $187,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,136/mo property income covering a $2,130/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tianne Bennett • Benchmark Builders
Mls Name: Benchmark Builders
Mls ID: #N/A