102 Franklin StMiddletownOH45042
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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 102 Franklin St, Middletown, OH, 45042 uses $61,328 cash to close to unlock $5,431/yr annual cash flow and $453/mo monthly cash flow. Total monthly income runs $1,669/mo, and a $905/mo payment keeps the spread at $453/mo. Purchase price stands at $185,000, and rental yield measures 10.83% with $1,669/mo rent. Return on cash invested shows 28.76% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 150.85% and total cumulative return in cash records $92,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,669/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,662 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: Brittany Walsh • Pivot Realty Group, LLC
Mls Name: Cincy MLS
Mls ID: #1861544