Morse Plan, K. Hovnanian's® Four Seasons at Pennfield, Middletown, DE, 19709 | $276/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2200 sft

42 Sabre Ct, Newark, DE, 19702

2 Bed
2 Bath
1936 sft

31 Ardmont Dr, Smyrna, DE, 19977

3 Bed
3 Bath
2100 sft

10 Daylilly Ct, Wilmington, DE, 19808

4 Bed
3 Bath
2615 sft

65 Hillcrest Ln, North East, MD, 21901

Nearby investment properties with comparable prices

4 Bed
4 Bath
3269 sft

18 Madison Paige Dr, North East, MD, 21901

3 Bed
2 Bath
2240 sft

1060 Robinson Rd, Townsend, DE, 19734

4 Bed
3 Bath
2200 sft

207 Wilshire Ln, Newark, DE, 19711

3 Bed
3 Bath
2180 sft

506 Arrowgrass Ln, New Castle, DE, 19720

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Middletown at Morse Plan, K. Hovnanian's® Four Seasons at Pennfield, Middletown, DE, 19709 offers $3,776/mo rent that, after a $2,961/mo payment, leaves $276/mo cash flow. Total monthly income is $3,776/mo, and annual cash flow is $3,307/yr on $199,042 cash. Return on cash invested measures 21.72% in year one, and rental yield stands at 7.49% at a $604,990 entry. Equity gained on principal adds $3,904/yr while 5% annual appreciation compounds into $167,148 by year five. Five-year ROI records 112% and total cumulative return in cash reaches $222,930. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,776/mo property income versus a $2,961/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2026

N/A 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