1187 Eagle Ridge RdMilfordOH45150
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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 Milford at 1187 Eagle Ridge Rd, Milford, OH, 45150 uses $142,545 cash to close to unlock $4,694/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $3,220/mo, and a $2,105/mo payment keeps the spread at $391/mo. Purchase price stands at $430,000, and rental yield measures 8.99% with $3,220/mo rent. Return on cash invested shows 23.2% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 121.03% and total cumulative return in cash records $172,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,220/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45150, Milford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,911 (100%) |
| Owner Occupied HU | 10,381 (69.6%) |
| Renter Occupied HU | 3,846 (25.8%) |
| Vacant Housing Units | 684 ( 4.6%) |
| Median Home Value | $307,850 |
| Average Home Value | $320,610 |
Housing Distribution
Address Breakdown
Residential
14,156
Single Family
11,294
Multi-Family
2,862
Businesses
1,240
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