2617 Central 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
Investment property for sale in Middletown at 2617 Central Ave, Middletown, OH, 45044 offers a 9.11% rental yield on a $333,000 purchase with $2,528/mo rent. Total monthly income registers $2,528/mo, and a $1,630/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,049/yr on $110,390 to close, and return on cash invested stands at 23.58% in year one. Equity gained on principal adds $2,149/yr while 5% annual appreciation supports $92,002 over five years. Portfolio math shows five-year ROI at 123.04% and total cumulative return in cash at $135,821. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,528/mo property income against a $1,630/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.57 Acres 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: Jamie Gabbard • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls ID: #943201