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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cincinnati at 1058 Addice Way, Cincinnati, OH, 45224 with 5% annual appreciation on a $219,000 basis while $1,914/mo rent supports operations. Total monthly income totals $1,914/mo and a $1,072/mo payment preserves $473/mo for cash returns. Annual cash flow comes to $5,680/yr on $72,599 deployed, and return on cash invested reaches 27.73% in year one. Equity gained on principal adds $1,413/yr, and five-year appreciation sums $60,506 alongside rental yield of 10.49%. Five-year ROI measures 145.34% and total cumulative return in cash totals $105,513.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,914/mo property income versus a $1,072/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
6,496 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45224, Cincinnati, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 5,123 (52.7%) |
| Renter Occupied HU | 3,810 (39.2%) |
| Vacant Housing Units | 787 ( 8.1%) |
| Median Home Value | $229,770 |
| Average Home Value | $256,258 |
Residential
9,407
Single Family
6,806
Multi-Family
2,601
Businesses
404
Date | Event | Price |
|---|---|---|
| 2025-01-18 | Listed for sale | $219,000 |
| 2024-06-05 | Sold | $60,000 |
| 2023-01-10 | Sold | $48,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-15 | $2423.02 | 21.00% | $37,986 | 34.72% |
| 2022-02-15 | $2002.42 | 1.67% | $28,196 | N/A |
| 2021-02-15 | $1969.52 | N/A | $28,196 | N/A |
Listed by: Daniel J Bathe • Federle, Inc.
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1828632
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Zillow, Inc. does not display the entire Cincinnati MLS Broker Reciprocity database on this web site. The listings of some real estate brokerage firms have been excluded. Copyright 2025, MLS of Greater Cincinnati, Inc. All rights reserved
