6501 Germantown Rd #147MiddletownOH45042
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 6501 Germantown Rd #147, Middletown, OH, 45042 in Middletown: $1,830/mo in rent, $1,081/mo net, 19.28% gross yield, all on a $113,900 acquisition. The 3.57 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $31,468 in value, and $1,049/yr in principal paydown steadily builds equity. Projected total cumulative return: $112,978.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.3% | 5.9% |
| Monthly Cash Flow | $1,081 | $285 |
City averages based on Middletown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,830 |
| Total Monthly Debt Service | $704 |
| DSCR Ratio | 2.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2025
N/A 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
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
Manufactured
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A