301 N Spring StWest MiltonOH45383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 301 N Spring St, West Milton, OH, 45383 offers a 11.17% rental yield on a $175,900 purchase with $1,638/mo rent. Total monthly income registers $1,638/mo, and a $861/mo payment leaves $481/mo available for distribution. Annual cash flow reaches $5,771/yr on $58,311 to close, and return on cash invested stands at 29.81% in year one. Equity gained on principal adds $1,135/yr while 5% annual appreciation supports $48,598 over five years. Portfolio math shows five-year ROI at 156.43% and total cumulative return in cash at $91,213. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,638/mo property income against a $861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Garrett • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls ID: #942894