504 16th AveMiddletownOH45044
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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 Middletown at 504 16th Ave, Middletown, OH, 45044 listed at $119,000 pairs $924/mo rent with a $582/mo payment to leave $142/mo cash flow. Total monthly income runs $924/mo, and annual cash flow reaches $1,700/yr on $39,449 cash to close. Return on cash invested measures 24.22% in year one, and rental yield registers 9.32% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 126.47% and total cumulative return in cash totals $49,889. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $924/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
3,484 sqft 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: Randall Schalck • Keller Williams Seven Hills Re
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1855290
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