0 Millwood Lots #1 & 2MilanOH44846
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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 Milan at 0 Millwood Lots #1 & 2, Milan, OH, 44846 at $135,000 posts ROI 30.39% with $391/mo cash flow from $1,279/mo rent. Total monthly income equals $1,279/mo, and annual cash flow records $4,689/yr on $44,753 to close. Return on cash invested measures 30.39% and rental yield reads 11.37% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 159.57% and total cumulative return in cash totals $71,413.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,279/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
3.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44846, Milan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 998 (73.5%) |
| Renter Occupied HU | 273 (20.1%) |
| Vacant Housing Units | 87 ( 6.4%) |
| Median Home Value | $262,745 |
| Average Home Value | $285,844 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,106
Multi-Family
0
Businesses
168
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