17791 Denver DrLake 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 17791 Denver Dr, Lake Milton, OH, 44429 offers a 9.96% rental yield on a $188,000 purchase with $1,560/mo rent. Total monthly income registers $1,560/mo, and a $920/mo payment leaves $324/mo available for distribution. Annual cash flow reaches $3,882/yr on $62,322 to close, and return on cash invested stands at 26.14% in year one. Equity gained on principal adds $1,213/yr while 5% annual appreciation supports $51,941 over five years. Portfolio math shows five-year ROI at 136.8% and total cumulative return in cash at $85,256. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,560/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.31 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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Listed by: Brian Blevins • Howard Hanna
Mls Name: MLS Now
Mls ID: #5097611