2015 S Main StMilanOH44846
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 2015 S Main St, Milan, OH, 44846 in Milan at $287,000 earns $1,902/mo in rent and nets $14/mo after the $1,291/mo payment, a 7.95% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $79,293 over five years. Ziffy Mortgage underwrites this on a 1.47 DSCR without U.S. credit history. With $2,643/yr in principal paydown, total projected return reaches $110,203.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $14 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,902 |
| Total Monthly Debt Service | $1,774 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1914
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44846, Milan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 998 (73.5%) |
| Renter Occupied HU | 273 (20.1%) |
| Vacant Housing Units | 87 ( 6.4%) |
| Median Home Value | $262,745 |
| Average Home Value | $285,844 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,106
Multi-Family
0
Businesses
168
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
Single Family
Built in 1914
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44846, Milan, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,358 (100%) |
| Owner Occupied HU | 998 (73.5%) |
| Renter Occupied HU | 273 (20.1%) |
| Vacant Housing Units | 87 ( 6.4%) |
| Median Home Value | $262,745 |
| Average Home Value | $285,844 |
Housing Distribution
Address Breakdown
Residential
1,106
Single Family
1,106
Multi-Family
0
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices