113 Cedar DrWest MiltonOH45383
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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 West Milton at 113 Cedar Dr, West Milton, OH, 45383 generates $1,660/mo in rent and, after a $996/mo payment, leaves $321/mo in cash flow. Total monthly income is $1,660/mo, and annual cash flow is $3,857/yr on $67,460 invested. Return on cash invested sits at 25.63% in year one, and rental yield is 9.79% on a $203,500 entry. Equity gained on principal adds $1,313/yr, while 5% annual appreciation builds toward $56,223 over five years. Five-year ROI reaches 134.04% and total cumulative return in cash sums $90,423. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,660/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45383, West Milton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,193 (100%) |
| Owner Occupied HU | 2,243 (70.2%) |
| Renter Occupied HU | 799 (25.0%) |
| Vacant Housing Units | 151 ( 4.7%) |
| Median Home Value | $197,880 |
| Average Home Value | $264,735 |
Housing Distribution
Address Breakdown
Residential
3,099
Single Family
3,022
Multi-Family
77
Businesses
160
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Listed by: Ray Gibson Jr • Your Lifestyle Realty LLC
Mls Name: DABR MLS
Mls ID: #949737