165 Heritage Trail DrMiddletownOH45044
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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 165 Heritage Trail Dr, Middletown, OH, 45044 priced at $299,986 converts $2,010/mo rent into $37/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,010/mo, and annual cash flow totals $444/yr on $99,445 invested. Return on cash invested prints 20.36% in year one, and rental yield reads 8.04% against a $299,986 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,881 by year five. Five-year ROI reaches 105.8% and total cumulative return in cash sums $105,211. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,010/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.35 Acres 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
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Listed by: Susan J Piersall-Hanes • BHHS Professional Realty
Mls Name: DABR MLS
Mls ID: #948104