








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Middletown at 66 Springmill Dr, Middletown, DE, 19709 priced at $485,000 converts $3,259/mo rent into $453/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,259/mo, and annual cash flow totals $5,431/yr on $160,778 invested. Return on cash invested prints 23.29% in year one, and rental yield reads 8.06% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 120.43% and total cumulative return in cash sums $193,622. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,259/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 2002
7,405 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Vicky Miller • Patterson-Schwartz-Middletown
Mls Name: Bright MLS
Mls ID: #DENC2085206