







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 464 Rederick Ln, Middletown, DE, 19709 uses $149,862 cash to close to unlock $9,743/yr annual cash flow and $812/mo monthly cash flow. Total monthly income runs $3,428/mo, and a $2,213/mo payment keeps the spread at $812/mo. Purchase price stands at $452,071, and rental yield measures 9.1% with $3,428/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $124,899 over five years. Five-year ROI reaches 137.17% and total cumulative return in cash records $205,568. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,428/mo property income covering a $2,213/mo payment rather than investor’s personal income.
Single Family
Built in 2025
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 |
|---|---|---|
| 2025-03-24 | Listed for sale | $452,071 |
| 2025-02-12 | Listing removed | $452,071 |
| 2024-05-22 | Listed for sale | $452,071 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $125.51 | 16.59% | $2,900 | N/A |
| 2023-04-03 | $107.65 | -0.27% | $2,900 | N/A |
| 2022-04-03 | $107.94 | 1.25% | $2,900 | N/A |



Listed by: Tianne Bennett • Benchmark Builders
Mls Name: Benchmark Builders
Mls ID: #N/A