








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


Investment property for sale in Middletown at Cordoba Plan, Pleasanton, Middletown, DE, 19709 offers a 8.25% rental yield on a $638,900 purchase with $4,392/mo rent. Total monthly income registers $4,392/mo, and a $3,127/mo payment leaves $695/mo available for distribution. Annual cash flow reaches $8,344/yr on $210,198 to close, and return on cash invested stands at 24.03% in year one. Equity gained on principal adds $4,123/yr while 5% annual appreciation supports $176,516 over five years. Portfolio math shows five-year ROI at 124.38% and total cumulative return in cash at $261,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,392/mo property income against a $3,127/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A 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 |
|---|---|---|
| 2024-10-03 | Price change | $638,900 |
| 2024-08-29 | Price change | $636,900 |
| 2024-06-27 | Price change | $634,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A