1709 Berwick LnMiddletownOH45042
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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 Middletown at 1709 Berwick Ln, Middletown, OH, 45042 uses $107,704 cash to close to unlock $7,669/yr annual cash flow and $639/mo monthly cash flow. Total monthly income runs $2,776/mo, and a $1,590/mo payment keeps the spread at $639/mo. Purchase price stands at $324,900, and rental yield measures 10.25% with $2,776/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 141.58% and total cumulative return in cash records $152,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,776/mo property income covering a $1,590/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45042, Middletown, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,724
Single Family
10,548
Multi-Family
1,176
Businesses
665
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Listed by: M. Nicole Peacock • Glasshouse Realty Group
Mls Name: DABR MLS
Mls ID: #947706