1857 Grove Park DrMiami TownshipOH45150
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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 Miami Township at 1857 Grove Park Dr, Miami Township, OH, 45150 listed at $647,000 pairs $2,610/mo rent with a $3,167/mo payment. Total monthly income runs $2,610/mo. Return on cash invested measures 10.78% in year one, and rental yield registers 4.84% at a $647,000 basis. Equity gained on principal adds $4,175/yr, and annual property appreciation at 5% supports $178,754 by year five. Five-year ROI tracks 54.37% and total cumulative return in cash totals $115,724. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,610/mo property income relative to a $3,167/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45150, Milford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,911 (100%) |
| Owner Occupied HU | 10,381 (69.6%) |
| Renter Occupied HU | 3,846 (25.8%) |
| Vacant Housing Units | 684 ( 4.6%) |
| Median Home Value | $307,850 |
| Average Home Value | $320,610 |
Housing Distribution
Address Breakdown
Residential
14,156
Single Family
11,294
Multi-Family
2,862
Businesses
1,240
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Listed by: Gena Storer • M/I Homes
Mls Name: M/I Homes
Mls Provider:
Mls ID: #N/A