Mitchell Plan, RenaissanceMiddletownOH45005
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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
Rental property for sale in Middletown at Mitchell Plan, Renaissance, Middletown, OH, 45005 offers $3,980/mo rent that, after a $2,745/mo payment, leaves $291/mo cash flow. Total monthly income is $3,980/mo, and annual cash flow is $3,490/yr on $184,536 cash. Return on cash invested measures 21.95% in year one, and rental yield stands at 8.51% at a $560,900 entry. Equity gained on principal adds $3,619/yr while 5% annual appreciation compounds into $154,966 by year five. Five-year ROI records 114.27% and total cumulative return in cash reaches $210,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,980/mo property income versus a $2,745/mo payment rather than borrower’s personal income verification through 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: 45005, Franklin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,533 (100%) |
| Owner Occupied HU | 9,874 (67.9%) |
| Renter Occupied HU | 4,068 (28.0%) |
| Vacant Housing Units | 591 ( 4.1%) |
| Median Home Value | $237,640 |
| Average Home Value | $283,600 |
Housing Distribution
Address Breakdown
Residential
13,590
Single Family
12,431
Multi-Family
1,159
Businesses
803
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Listed by: N/A • Fischer Homes
Mls Name: Fischer Homes
Mls Provider:
Mls ID: #N/A