10844 Lakehurst CtCincinnatiOH45242
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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 10844 Lakehurst Ct, Cincinnati, OH, 45242 listed at $285,000 pairs $2,016/mo rent with a $1,395/mo payment to leave $141/mo cash flow. Total monthly income runs $2,016/mo, and annual cash flow reaches $1,695/yr on $94,478 cash to close. Return on cash invested measures 21.7% in year one, and rental yield registers 8.49% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 113.01% and total cumulative return in cash totals $106,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,016/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1978
3.03 Acres 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: Tina A Burton • Sibcy Cline, Inc.
Mls Name: Cincy MLS
Mls ID: #1865518