9 Kenwood DrMiddletownOH45042
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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 9 Kenwood Dr, Middletown, OH, 45042 uses $94,478 cash to close to unlock $3,939/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $2,203/mo, and a $1,395/mo payment keeps the spread at $328/mo. Purchase price stands at $285,000, and rental yield measures 9.28% with $2,203/mo rent. Return on cash invested shows 24.08% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 125.75% and total cumulative return in cash records $118,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,203/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1929
8,947 sqft lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-28 | Listed for sale | $285,000 |
| 2025-01-10 | Sold | $100,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-30 | $2869.44 | 25.16% | $53,820 | N/A |
| 2023-06-30 | $2292.58 | 35.90% | $53,820 | 42.46% |
| 2022-06-30 | $1686.98 | 3.99% | $37,780 | N/A |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1929
- Architectural Style: Traditional
- Building Area: 1,542
- Living Area: 1,542 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Recessed Lighting
- Exterior Features: N/A
- Parking Features: On Street, Driveway, Garage Door Opener
Location
- City: Middletown
- State: OH
- Subdivision: N/A
- Lot Size: 8,947 sqft
- Lot Features: Less than .5 Acre
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Zachary Ferrell • Keller Williams Advisors
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1846121
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