17733 Redwood RdLake MiltonOH44429
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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 Lake Milton at 17733 Redwood Rd, Lake Milton, OH, 44429 uses $49,692 cash to close to unlock $3,428/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $1,272/mo, and a $734/mo payment keeps the spread at $286/mo. Purchase price stands at $149,900, and rental yield measures 10.18% with $1,272/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 140.4% and total cumulative return in cash records $69,767. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,272/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1959
3,920 sqft 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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Listed by: Brandon Vayner • Vayner Realty Co.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5095063
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