1816 Clarendon AveMiddletownOH45042
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Middletown at 1816 Clarendon Ave, Middletown, OH, 45042 offers $2,555/mo rent that, after a $832/mo payment, leaves $1,437/mo cash flow. Total monthly income is $2,555/mo, and annual cash flow is $17,242/yr on $56,355 cash. Return on cash invested measures 50.5% in year one, and rental yield stands at 18.04% at a $169,999 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 267.42% and total cumulative return in cash reaches $150,705. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,555/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,373 sqft 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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Nearby investment properties with comparable prices
Listed by: Troy Kutcha • Plum Tree Realty
Mls Name: Cincy MLS
Mls ID: #1816515
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