1672 Woodland AveLake MiltonOH44429
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
Rental property for sale in Lake Milton at 1672 Woodland Ave, Lake Milton, OH, 44429 offers $1,595/mo rent that, after a $856/mo payment, leaves $445/mo cash flow. Total monthly income is $1,595/mo, and annual cash flow is $5,335/yr on $57,979 cash. Return on cash invested measures 29.11% in year one, and rental yield stands at 10.94% at a $174,900 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,322 by year five. Five-year ROI records 152.72% and total cumulative return in cash reaches $88,548. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,595/mo property income versus a $856/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.30 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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Nearby investment properties with comparable prices
Listed by: Teresa M Crew • Action Realty Co
Mls Name: MLS Now
Mls Provider:
Mls ID: #5075752
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