56 Springmill DrMiddletownDE19709








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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 56 Springmill Dr, Middletown, DE, 19709 earns $78/mo cash flow from $2,821/mo rent with a $2,320/mo payment. Total monthly income totals $2,821/mo, and annual cash flow totals $940/yr on $157,131 capital. ROI tracks 20.51% on current figures, and rental yield reads 7.14% at a $474,000 purchase. Equity gained on principal adds $3,059/yr, and 5% annual appreciation supports $130,957 over five years. Five-year ROI reaches 105.54% and total cumulative return in cash sums $165,833. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,821/mo property income instead of your personal income.
Single Family
Built in 2003
8,712 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: Marguerite Argelander • Patterson-Schwartz-Hockessin
Mls Name: Bright MLS
Mls ID: #DENC2088834








