300 Shelly Lynn DrNew MiddletownOH44442
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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 New Middletown at 300 Shelly Lynn Dr, New Middletown, OH, 44442 priced at $397,250 converts $1,000/mo rent into after a $1,944/mo obligation. Total monthly income equals $1,000/mo. Return on cash invested prints 5.21% in year one, and rental yield reads 3.02% against a $397,250 entry. Equity gained on principal adds $2,563/yr, while 5% annual appreciation compiles into $109,753 by year five. Five-year ROI reaches 24.57% and total cumulative return in cash sums $32,356. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,000/mo property income covering a $1,944/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44442, New Middletown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,781 (100%) |
| Owner Occupied HU | 1,267 (71.1%) |
| Renter Occupied HU | 386 (21.7%) |
| Vacant Housing Units | 128 ( 7.2%) |
| Median Home Value | $222,500 |
| Average Home Value | $236,028 |
Housing Distribution
Address Breakdown
Residential
1,801
Single Family
1,701
Multi-Family
100
Businesses
101
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Listed by: Jenna M Koontz • Howard Hanna
Mls Name: MLS Now
Mls ID: #4482033