7398 Hinkle 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 7398 Hinkle Rd, Middletown, OH, 45042 offers a 16.67% rental yield on a $139,900 purchase with $1,944/mo rent. Total monthly income registers $1,944/mo, and a $685/mo payment leaves $1,024/mo available for distribution. Annual cash flow reaches $12,282/yr on $46,377 to close, and return on cash invested stands at 46.39% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 245.4% and total cumulative return in cash at $113,811. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,944/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.55 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: Nicholas Franks • Glasshouse Realty Group
Mls Name: DABR MLS
Mls Provider:
Mls ID: #937021
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.