234 N Main StWest MiltonOH45383
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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 West Milton at 234 N Main St, West Milton, OH, 45383 uses $49,725 cash to close to unlock $1,830/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,139/mo, and a $734/mo payment keeps the spread at $153/mo. Purchase price stands at $150,000, and rental yield measures 9.11% with $1,139/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 123.14% and total cumulative return in cash records $61,230. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,139/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45383, West Milton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,193 (100%) |
| Owner Occupied HU | 2,243 (70.2%) |
| Renter Occupied HU | 799 (25.0%) |
| Vacant Housing Units | 151 ( 4.7%) |
| Median Home Value | $197,880 |
| Average Home Value | $264,735 |
Housing Distribution
Address Breakdown
Residential
3,099
Single Family
3,022
Multi-Family
77
Businesses
160
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Listed by: Beth L Zimmer • Howard Hanna Real Estate Serv
Mls Name: DABR MLS
Mls ID: #941749