2029 Waynedale CtMiddletownOH45044
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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 2029 Waynedale Ct, Middletown, OH, 45044 uses $84,831 cash to close to unlock $2,763/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,253/mo payment keeps the spread at $230/mo. Purchase price stands at $255,900, and rental yield measures 8.98% with $1,914/mo rent. Return on cash invested shows 23.17% in year one, and 5% annual appreciation builds toward $70,700 over five years. Five-year ROI reaches 120.85% and total cumulative return in cash records $102,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,253/mo payment rather than investor’s personal income.
Single Family
Built in 2021
5,601 sqft 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: Isaac Wiggenhorn • DixRoad RealEstate ServicesLLC
Mls Name: Cincy MLS
Mls ID: #1866978