1007 Sorg PlMiddletownOH45042
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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 Middletown at 1007 Sorg Pl, Middletown, OH, 45042 listed at $224,900 pairs $2,063/mo rent with a $1,101/mo payment to leave $583/mo cash flow. Total monthly income runs $2,063/mo, and annual cash flow reaches $7,001/yr on $74,554 cash to close. Return on cash invested measures 29.3% in year one, and rental yield registers 11.01% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 153.73% and total cumulative return in cash totals $114,613. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,063/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45042, Middletown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,368 (100%) |
| Owner Occupied HU | 7,981 (64.5%) |
| Renter Occupied HU | 3,489 (28.2%) |
| Vacant Housing Units | 898 ( 7.3%) |
| Median Home Value | $267,557 |
| Average Home Value | $303,928 |
Housing Distribution
Address Breakdown
Residential
11,724
Single Family
10,548
Multi-Family
1,176
Businesses
665
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Listed by: Timothy L Chupka • Sibcy Cline Inc.
Mls Name: DABR MLS
Mls ID: #941995