26 Forest AveLake MiltonOH44429
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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 Lake Milton at 26 Forest Ave, Lake Milton, OH, 44429 priced at $312,000 pairs $1,954/mo rent with after a $1,527/mo payment. Total monthly income equals $1,954/mo. Return on cash invested is 18.77% in year one, and rental yield stands at 7.52% on a $312,000 basis. Equity gained on principal adds $2,013/yr, and 5% annual appreciation accumulates to $86,200 by year five. Five-year ROI measures 97.23% and total cumulative return in cash reaches $100,559. For financing, Ziffy Mortgage’s DSCR program evaluates $1,954/mo property income against a $1,527/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1944
6,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44429, Lake Milton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,503 (100%) |
| Owner Occupied HU | 880 (58.5%) |
| Renter Occupied HU | 219 (14.6%) |
| Vacant Housing Units | 404 (26.9%) |
| Median Home Value | $243,836 |
| Average Home Value | $299,028 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,288
Multi-Family
95
Businesses
82
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Listed by: Meghan Kopp • Howard Hanna
Mls Name: MLS Now
Mls ID: #5123124