511 Sally LnMiddletownDE19709
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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 511 Sally Ln, Middletown, DE, 19709 listed at $260,000 pairs $2,458/mo rent with a $1,273/mo payment to leave $953/mo cash flow. Total monthly income runs $2,458/mo, and annual cash flow reaches $11,438/yr on $86,190 cash to close. Return on cash invested measures 33.18% in year one, and rental yield registers 11.34% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 173.53% and total cumulative return in cash totals $149,561. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,458/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1999
2,178 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: Janie Trumbull • Patterson-Schwartz-Middletown
Mls Name: Bright MLS
Mls ID: #DENC2096474