1227 Ellen DrMiddletownOH45042
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
Investment Highlights
Investment property for sale in Middletown at 1227 Ellen Dr, Middletown, OH, 45042 uses $74,588 cash to close to unlock $2,247/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $1,667/mo, and a $1,101/mo payment keeps the spread at $187/mo. Purchase price stands at $225,000, and rental yield measures 8.89% with $1,667/mo rent. Return on cash invested shows 22.92% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 119.55% and total cumulative return in cash records $89,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,667/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1953
8,276 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: Margaret Brown • Sibcy Cline Inc.
Mls Name: DABR MLS
Mls ID: #944152