








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Middletown at 1718 Columbia Ave, Middletown, OH, 45042 offers a 15.23% rental yield on a $172,500 purchase with $2,189/mo rent. Total monthly income registers $2,189/mo, and a $844/mo payment leaves $1,055/mo available for distribution. Annual cash flow reaches $12,655/yr on $57,184 to close, and return on cash invested stands at 42.04% in year one. Equity gained on principal adds $1,113/yr while 5% annual appreciation supports $47,659 over five years. Portfolio math shows five-year ROI at 222.07% and total cumulative return in cash at $126,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,189/mo property income against a $844/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1909
6,181 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45042, Middletown, OH area.
| 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 |
Residential
11,724
Single Family
10,548
Multi-Family
1,176
Businesses
665
Date | Event | Price |
|---|---|---|
| 2024-08-17 | Price change | $172,500 |
| 2024-08-11 | Listed for sale | $177,500 |
| 2024-07-05 | Pending sale | $177,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Eric Mielke • Outside The Box Real Estate
Mls Name: DABR MLS
Mls Provider:
Mls ID: #904912
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.