2109 Queen AveMiddletownOH45044
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
Investment Highlights
Investment property for sale in Middletown at 2109 Queen Ave, Middletown, OH, 45044 uses $46,079 cash to close to unlock $6,564/yr annual cash flow and $547/mo monthly cash flow. Total monthly income runs $1,461/mo, and a $680/mo payment keeps the spread at $547/mo. Purchase price stands at $139,000, and rental yield measures 12.61% with $1,461/mo rent. Return on cash invested shows 34.15% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 179.87% and total cumulative return in cash records $82,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,461/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1919
4,791 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rodney Muterspaw • BHHS Professional Realty
Mls Name: DABR MLS
Mls ID: #948628