2001 Kenway PlMiddletownOH45044
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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 Middletown at 2001 Kenway Pl, Middletown, OH, 45044 generates $2,047/mo in rent and, after a $1,150/mo payment, leaves $502/mo in cash flow. Total monthly income is $2,047/mo, and annual cash flow is $6,019/yr on $77,869 invested. Return on cash invested sits at 27.64% in year one, and rental yield is 10.46% on a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 144.84% and total cumulative return in cash sums $112,785. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,047/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45044, Middletown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,189 (100%) |
| Owner Occupied HU | 13,029 (56.2%) |
| Renter Occupied HU | 8,856 (38.2%) |
| Vacant Housing Units | 1,304 ( 5.6%) |
| Median Home Value | $278,217 |
| Average Home Value | $313,920 |
Housing Distribution
Address Breakdown
Residential
22,115
Single Family
20,523
Multi-Family
1,592
Businesses
1,109
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Listed by: Michael Satterfield CRS • RE/MAX Alliance Realty
Mls Name: DABR MLS
Mls ID: #941301