526 Hill StMiddletownOH45042
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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
Rental property for sale in Middletown at 526 Hill St, Middletown, OH, 45042 priced at $284,900 pairs $1,994/mo rent with $120/mo cash flow after a $1,394/mo payment. Total monthly income equals $1,994/mo, and annual cash flow comes to $1,445/yr on $94,444 invested. Return on cash invested is 21.44% in year one, and rental yield stands at 8.4% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 111.58% and total cumulative return in cash reaches $105,383. For financing, Ziffy Mortgage’s DSCR program evaluates $1,994/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1911
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45042, Middletown, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,368 (100%) |
| Owner Occupied HU | 7,981 (64.5%) |
| Renter Occupied HU | 3,489 (28.2%) |
| Vacant Housing Units | 898 ( 7.3%) |
| Median Home Value | $267,557 |
| Average Home Value | $303,928 |
Housing Distribution
Address Breakdown
Residential
11,724
Single Family
10,548
Multi-Family
1,176
Businesses
665
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Listed by: Christopher S Parker • RE/MAX Preferred Group
Mls Name: DABR MLS
Mls ID: #933932