525 Contemplation WayMiddletownDE19709
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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
Rental property for sale in Middletown at 525 Contemplation Way, Middletown, DE, 19709 offers $3,337/mo rent that, after a $2,364/mo payment, leaves $542/mo cash flow. Total monthly income is $3,337/mo, and annual cash flow is $6,509/yr on $160,081 cash. Return on cash invested measures 23.97% in year one, and rental yield stands at 8.29% at a $482,900 entry. Equity gained on principal adds $3,116/yr while 5% annual appreciation compounds into $133,416 by year five. Five-year ROI records 124.13% and total cumulative return in cash reaches $198,711. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,337/mo property income versus a $2,364/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
8,276 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: Eric Buck • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #DENC2086382