Roselawn And Wavecrest StLake MiltonOH44429
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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
Investment Highlights
Rental property for sale in Lake Milton at Roselawn And Wavecrest St, Lake Milton, OH, 44429 priced at $100,000 pairs $1,054/mo rent with $397/mo cash flow after a $489/mo payment. Total monthly income equals $1,054/mo, and annual cash flow comes to $4,760/yr on $33,150 invested. Return on cash invested is 34.27% in year one, and rental yield stands at 12.65% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 180.39% and total cumulative return in cash reaches $59,800. For financing, Ziffy Mortgage’s DSCR program evaluates $1,054/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44429, Lake Milton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,503 (100%) |
| Owner Occupied HU | 880 (58.5%) |
| Renter Occupied HU | 219 (14.6%) |
| Vacant Housing Units | 404 (26.9%) |
| Median Home Value | $243,836 |
| Average Home Value | $299,028 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,288
Multi-Family
95
Businesses
82
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Listed by: Kathleen C Morell • Howard Hanna
Mls Name: MLS Now
Mls ID: #4465982