13 Monroe 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
Rental property for sale in Middletown at 13 Monroe St, Middletown, OH, 45042 priced at $264,500 converts $1,830/mo rent into $90/mo cash flow after a $1,295/mo obligation. Total monthly income equals $1,830/mo, and annual cash flow totals $1,077/yr on $87,682 invested. Return on cash invested prints 21.14% in year one, and rental yield reads 8.3% against a $264,500 entry. Equity gained on principal adds $1,707/yr, while 5% annual appreciation compiles into $73,076 by year five. Five-year ROI reaches 109.94% and total cumulative return in cash sums $96,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,830/mo property income covering a $1,295/mo payment, not borrower’s personal income.
Single Family
Built in 1915
N/A 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: Douglas C Hunter • Lohmiller Real Estate
Mls Name: Cincy MLS
Mls ID: #1841354