236 N Main StMilfordOH45106
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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 Milford at 236 N Main St, Milford, OH, 45106 offers $1,853/mo rent that, after a $1,248/mo payment, leaves $176/mo cash flow. Total monthly income is $1,853/mo, and annual cash flow is $2,109/yr on $84,533 cash. Return on cash invested measures 22.4% in year one, and rental yield stands at 8.72% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 116.73% and total cumulative return in cash reaches $98,672. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,853/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1907
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45106, Bethel, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,031 (100%) |
| Owner Occupied HU | 3,723 (74.0%) |
| Renter Occupied HU | 989 (19.7%) |
| Vacant Housing Units | 319 ( 6.3%) |
| Median Home Value | $261,646 |
| Average Home Value | $277,509 |
Housing Distribution
Address Breakdown
Residential
4,877
Single Family
4,690
Multi-Family
187
Businesses
221
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