347 Park AveWest 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 347 Park Ave, West Milton, OH, 45383 at $138,500 posts ROI 23.3% with $130/mo cash flow from $1,041/mo rent. Total monthly income equals $1,041/mo, and annual cash flow records $1,558/yr on $45,913 to close. Return on cash invested measures 23.3% and rental yield reads 9.02% at the current $138,500. Equity gained on principal adds $894/yr, and 5% annual appreciation supports $38,265 by year five. Five-year ROI prints 121.55% and total cumulative return in cash totals $55,807.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,041/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
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
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Listed by: Mike Temple • RE/MAX Alliance Realty
Mls Name: DABR MLS
Mls ID: #951215