1019 Cedar Ridge Dr APT 5CincinnatiOH45245
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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 Cincinnati at 1019 Cedar Ridge Dr APT 5, Cincinnati, OH, 45245 listed at $157,000 pairs $1,466/mo rent with a $768/mo payment to leave $434/mo cash flow. Total monthly income runs $1,466/mo, and annual cash flow reaches $5,205/yr on $52,046 cash to close. Return on cash invested measures 29.91% in year one, and rental yield registers 11.21% at a $157,000 basis. Equity gained on principal adds $1,013/yr, and annual property appreciation at 5% supports $43,376 by year five. Five-year ROI tracks 156.96% and total cumulative return in cash totals $81,692. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,466/mo property income relative to a $768/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
653.40 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45245, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,135 (100%) |
| Owner Occupied HU | 5,996 (59.2%) |
| Renter Occupied HU | 3,610 (35.6%) |
| Vacant Housing Units | 529 ( 5.2%) |
| Median Home Value | $308,485 |
| Average Home Value | $318,314 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
7,195
Multi-Family
2,323
Businesses
650
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Listed by: Kathryn I. Hill • Plum Tree Realty
Mls Name: Cincy MLS
Mls ID: #1859092