








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Middletown at 13 N Elmer Dr, Middletown, OH, 45042 uses $107,738 cash to close to unlock $815/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $2,206/mo, and a $1,591/mo payment keeps the spread at $68/mo. Purchase price stands at $325,000, and rental yield measures 8.15% with $2,206/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 107.4% and total cumulative return in cash records $115,705. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,206/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45042, Middletown, OH area.
| 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 |
Residential
11,724
Single Family
10,548
Multi-Family
1,176
Businesses
665
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Brandi Howell • Private Real Estate Collection
Mls Name: DABR MLS
Mls ID: #948567