1816 Winona DrMiddletownOH45042
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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 Middletown at 1816 Winona Dr, Middletown, OH, 45042 offers a 10.67% rental yield on a $239,999 purchase with $2,134/mo rent. Total monthly income registers $2,134/mo, and a $1,175/mo payment leaves $555/mo available for distribution. Annual cash flow reaches $6,660/yr on $79,560 to close, and return on cash invested stands at 28.28% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,307 over five years. Portfolio math shows five-year ROI at 148.24% and total cumulative return in cash at $117,938. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,134/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 1939
0.25 Acres 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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Listed by: Daisy Jimenez-Fabian • Fortune Vine Realty
Mls Name: Cincy MLS
Mls ID: #1850000