101 Shakerdale RdCincinnatiOH45242
Nearby investment properties with comparable rents
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 Cincinnati at 101 Shakerdale Rd, Cincinnati, OH, 45242 priced at $325,000 converts $2,418/mo rent into $280/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,418/mo, and annual cash flow totals $3,359/yr on $107,738 invested. Return on cash invested prints 23.03% in year one, and rental yield reads 8.93% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 120.07% and total cumulative return in cash sums $129,361. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,418/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Condo
Built in 1977
1,437 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45242, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,012 (100%) |
| Owner Occupied HU | 7,019 (70.1%) |
| Renter Occupied HU | 2,463 (24.6%) |
| Vacant Housing Units | 530 ( 5.3%) |
| Median Home Value | $464,324 |
| Average Home Value | $555,986 |
Housing Distribution
Address Breakdown
Residential
10,190
Single Family
8,050
Multi-Family
2,140
Businesses
2,446
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Listed by: Gregory J Tassone • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1860003