19 McCormick TrlMilfordOH45150
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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
Rental property for sale in Milford at 19 McCormick Trl, Milford, OH, 45150 priced at $485,000 pairs $2,882/mo rent with after a $2,374/mo payment. Total monthly income equals $2,882/mo. Return on cash invested is 17.61% in year one, and rental yield stands at 7.13% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 91.01% and total cumulative return in cash reaches $146,318. For financing, Ziffy Mortgage’s DSCR program evaluates $2,882/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
0.35 Acres 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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