1305 Highland StMiddletownOH45044
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 1305 Highland St, Middletown, OH, 45044 uses $59,637 cash to close to unlock $3,554/yr annual cash flow and $296/mo monthly cash flow. Total monthly income runs $1,480/mo, and a $881/mo payment keeps the spread at $296/mo. Purchase price stands at $179,900, and rental yield measures 9.87% with $1,480/mo rent. Return on cash invested shows 25.87% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 135.37% and total cumulative return in cash records $80,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,480/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1949
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45044, Middletown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,189 (100%) |
| Owner Occupied HU | 13,029 (56.2%) |
| Renter Occupied HU | 8,856 (38.2%) |
| Vacant Housing Units | 1,304 ( 5.6%) |
| Median Home Value | $278,217 |
| Average Home Value | $313,920 |
Housing Distribution
Address Breakdown
Residential
22,115
Single Family
20,523
Multi-Family
1,592
Businesses
1,109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Kalogeras • Trelora Realty, Inc.
Mls Name: DABR MLS
Mls ID: #948395