| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 51st | Good |
| Demographics | 69th | Best |
| Amenities | 77th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 5853 Buckwheat Rd, Milford, OH, 45150, US |
| Region / Metro | Milford |
| Year of Construction | 1994 |
| Units | 40 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
5853 Buckwheat Rd Milford OH Multifamily Investment
Neighborhood occupancy trends are strong and stable, with performance above the metro median according to WDSuite’s CRE market data, supporting durable cash flow potential. Moderate household growth in the surrounding area suggests a steady renter pipeline without overreliance on in-migration.
Milford’s submarket positioning is a strength for this asset. The neighborhood carries an A+ rating and ranks 25 out of 611 Cincinnati neighborhoods, placing it in the top decile locally. Occupancy in the neighborhood is 98.4% and ranked 126 of 611, indicating above metro median stability and top quartile performance nationally, a favorable backdrop for lease retention and renewal velocity.
Livability drivers are solid. Amenity access ranks 14 of 611 (top decile metro), with cafes and restaurants benchmarking in the 71st–82nd national percentiles, and grocery, parks, and pharmacies around the mid-to-high 70s percentiles. This breadth of daily-needs retail tends to support resident satisfaction and reduce turnover risk.
Within a 3-mile radius, demographics show measured population growth over the past five years with further expansion forecast, alongside a decline in average household size. That combination typically enlarges the tenant base and supports occupancy stability for smaller and mid-size unit mixes. The share of renter-occupied housing is roughly one-fifth, indicating a moderate renter concentration that can sustain leasing while limiting volatility.
Ownership costs are comparatively accessible in this part of Clermont County (median home value near the mid-$200Ks and a value-to-income ratio around 2.6). For multifamily investors, that can temper near-term pricing power versus high-cost metros, but it also supports longer-term retention as households weigh total cost of ownership versus quality rental options.
Comparable safety metrics at the neighborhood level are not available in this dataset. Investors commonly benchmark incident trends against Cincinnati metro and Clermont County averages and review property-level reports to assess trend direction and potential operating impact. As always, third-party diligence (police blotter checks, loss runs, and insurer feedback) is recommended to contextualize risk relative to peer submarkets.
The area draws from a diversified white-collar employment base that supports weekday demand and commute convenience, including insurance, healthcare services, retail corporate operations, and industrial headquarters. Nearby anchors include Anthem, Kroger DCIC, Prudential Financial, Humana Pharmacy Solutions, and AK Steel Holding.
- Anthem Inc Mason Campus II — insurance/healthcare services (9.35 miles)
- Kroger DCIC — retail corporate/technology center (9.91 miles)
- Prudential Financial — financial services (12.93 miles)
- Humana Pharmacy Solutions — healthcare services (14.12 miles)
- AK Steel Holding — steel manufacturing (14.73 miles) — HQ
This 40-unit property benefits from a high-performing Milford location where neighborhood occupancy ranks above the metro median and benchmarks in the top quartile nationally, supporting durable income and leasing stability. Amenity access is a differentiator, with daily-needs retail and services scoring well versus national peers. According to CRE market data from WDSuite, these fundamentals align with steady renter demand rather than cyclical spikes.
Within a 3-mile radius, recent population growth, a projected increase in households, and smaller average household sizes point to a larger tenant base over time, which can aid retention and backfill risk. Ownership remains relatively accessible locally, which may cap aggressive rent pushes, but it also encourages residents to prioritize quality, convenience, and services—areas where well-managed midscale assets can compete effectively through selective upgrades and attentive operations.
- Occupancy above metro median with top quartile national positioning supports cash flow stability
- Strong amenity access (daily-needs retail in upper national percentiles) underpins resident satisfaction
- 3-mile growth and smaller household sizes expand the renter pool and aid leasing
- Opportunity to drive competitiveness via targeted upgrades and operational execution
- Risk: relatively accessible ownership options may temper pricing power; plan rent strategy accordingly