5867 Elk Creek RdMiddletownOH45042
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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
Investment property for sale in Middletown at 5867 Elk Creek Rd, Middletown, OH, 45042 earns $1,149/mo cash flow from $5,358/mo rent with a $3,132/mo payment. Total monthly income totals $5,358/mo, and annual cash flow totals $13,786/yr on $210,527 capital. ROI tracks 26.61% on current figures, and rental yield reads 10.05% at a $639,900 purchase. Equity gained on principal adds $4,129/yr, and 5% annual appreciation supports $176,793 over five years. Five-year ROI reaches 139.25% and total cumulative return in cash sums $293,159. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,358/mo property income instead of your personal income.
Single Family
Built in 1994
5.01 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: Kelly Little • Plum Tree Realty
Mls Name: DABR MLS
Mls ID: #948736