The Monroe II Plan, The Meadows at BayberryMiddletownDE19709
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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 The Monroe II Plan, The Meadows at Bayberry, Middletown, DE, 19709 priced at $659,900 converts $4,279/mo rent into $461/mo cash flow after a $3,230/mo obligation. Total monthly income equals $4,279/mo, and annual cash flow totals $5,527/yr on $217,107 invested. Return on cash invested prints 22.61% in year one, and rental yield reads 7.78% against a $659,900 entry. Equity gained on principal adds $4,258/yr, while 5% annual appreciation compiles into $182,318 by year five. Five-year ROI reaches 116.74% and total cumulative return in cash sums $253,454. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,279/mo property income covering a $3,230/mo payment, not borrower’s personal income.
Single Family
Built in 2025
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 |
Housing Distribution
Address Breakdown
Residential
19,957
Single Family
19,720
Multi-Family
237
Businesses
1,085
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Listed by: Justin O'Connell • Blenheim Homes, L.P.
Mls Name: Blenheim Homes
Mls ID: #N/A