113 N Sutphin StMiddletownOH45042
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow113 N Sutphin St, Middletown, OH, 45042 in Middletown is a top-tier cash-flow asset. At $119,900 it produces $1,894/mo in rent and $974/mo in net monthly income, a 16.25% gross rental yield. The DSCR of 3.51 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $11,685. Five-year appreciation adds $33,126, driving a total cumulative return of $116,844.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.3% | 5.9% |
| Monthly Cash Flow | $974 | $285 |
City averages based on Middletown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,894 |
| Total Monthly Debt Service | $741 |
| DSCR Ratio | 2.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1914
5,697 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1914
5,697 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kal Mughrabi • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls ID: #941623