10856 Lake Thames Dr #167CincinnatiOH45242
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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 10856 Lake Thames Dr #167, Cincinnati, OH, 45242 earns $101/mo cash flow from $1,540/mo rent with a $1,071/mo payment. Total monthly income totals $1,540/mo, and annual cash flow totals $1,206/yr on $72,565 capital. ROI tracks 21.57% on current figures, and rental yield reads 8.44% at a $218,900 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,478 over five years. Five-year ROI reaches 112.29% and total cumulative return in cash sums $81,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,540/mo property income instead of your personal income.
Condo
Built in 1979
1.58 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: Brandon Harris • Keller Williams Community Part
Mls Name: DABR MLS
Mls ID: #942325