Melville II Plan, Grove ParkMilfordOH45150
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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 Milford at Melville II Plan, Grove Park, Milford, OH, 45150 offers a 8.94% rental yield on a $435,495 purchase with $3,245/mo rent. Total monthly income registers $3,245/mo, and a $2,132/mo payment leaves $380/mo available for distribution. Annual cash flow reaches $4,559/yr on $144,367 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $2,810/yr while 5% annual appreciation supports $120,319 over five years. Portfolio math shows five-year ROI at 120.29% and total cumulative return in cash at $173,652. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,245/mo property income against a $2,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45150, Milford, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,911 (100%) |
| Owner Occupied HU | 10,381 (69.6%) |
| Renter Occupied HU | 3,846 (25.8%) |
| Vacant Housing Units | 684 ( 4.6%) |
| Median Home Value | $307,850 |
| Average Home Value | $320,610 |
Housing Distribution
Address Breakdown
Residential
14,156
Single Family
11,294
Multi-Family
2,862
Businesses
1,240
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