16182 Milton AveLake MiltonOH44429
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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 Lake Milton at 16182 Milton Ave, Lake Milton, OH, 44429 earns from $1,333/mo rent with a $1,101/mo payment. Total monthly income totals $1,333/mo. ROI tracks 17.55% on current figures, and rental yield reads 7.11% at a $224,900 purchase. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 over five years. Five-year ROI reaches 90.75% and total cumulative return in cash sums $67,657. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,333/mo property income instead of your personal income.
Single Family
Built in 1956
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44429, Lake Milton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,503 (100%) |
| Owner Occupied HU | 880 (58.5%) |
| Renter Occupied HU | 219 (14.6%) |
| Vacant Housing Units | 404 (26.9%) |
| Median Home Value | $243,836 |
| Average Home Value | $299,028 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,288
Multi-Family
95
Businesses
82
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Listed by: Justin R Vayner • Vayner Realty Co.
Mls Name: MLS Now
Mls ID: #5170606