2124 Sherman AveMiddletownOH45044
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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 2124 Sherman Ave, Middletown, OH, 45044 priced at $199,900 pairs $1,866/mo rent with $552/mo cash flow after a $978/mo payment. Total monthly income equals $1,866/mo, and annual cash flow comes to $6,618/yr on $66,267 invested. Return on cash invested is 29.9% in year one, and rental yield stands at 11.2% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 156.93% and total cumulative return in cash reaches $103,993. For financing, Ziffy Mortgage’s DSCR program evaluates $1,866/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1909
4,717 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: Joshua Hauser • Fathom Realty Ohio
Mls Name: Cincy MLS
Mls ID: #1861290