472 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
Rental property for sale in Middletown at 472 Rederick Ln, Middletown, DE, 19709 priced at $422,348 converts $3,136/mo rent into $692/mo cash flow after a $2,067/mo obligation. Total monthly income equals $3,136/mo, and annual cash flow totals $8,309/yr on $140,008 invested. Return on cash invested prints 25.84% in year one, and rental yield reads 8.91% against a $422,348 entry. Equity gained on principal adds $2,725/yr, while 5% annual appreciation compiles into $116,687 by year five. Five-year ROI reaches 134.15% and total cumulative return in cash sums $187,824. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,136/mo property income covering a $2,067/mo payment, not borrower’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: N/A • Benchmark Builders
Mls Name: Benchmark Builders
Mls ID: #N/A