173 Hamilton StWest MiltonOH45383
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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 West Milton at 173 Hamilton St, West Milton, OH, 45383 offers a 10.78% rental yield on a $240,000 purchase with $2,155/mo rent. Total monthly income registers $2,155/mo, and a $1,175/mo payment leaves $576/mo available for distribution. Annual cash flow reaches $6,912/yr on $79,560 to close, and return on cash invested stands at 28.6% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 149.91% and total cumulative return in cash at $119,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,155/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45383, West Milton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,193 (100%) |
| Owner Occupied HU | 2,243 (70.2%) |
| Renter Occupied HU | 799 (25.0%) |
| Vacant Housing Units | 151 ( 4.7%) |
| Median Home Value | $197,880 |
| Average Home Value | $264,735 |
Housing Distribution
Address Breakdown
Residential
3,099
Single Family
3,022
Multi-Family
77
Businesses
160
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Listed by: Carolyn Breed • Keller Williams Advisors Rlty
Mls Name: DABR MLS
Mls ID: #938020