11321 Melissa CtCincinnatiOH45251
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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 11321 Melissa Ct, Cincinnati, OH, 45251 listed at $250,000 pairs $2,220/mo rent with a $1,224/mo payment to leave $575/mo cash flow. Total monthly income runs $2,220/mo, and annual cash flow reaches $6,902/yr on $82,875 cash to close. Return on cash invested measures 28.24% in year one, and rental yield registers 10.66% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 148.07% and total cumulative return in cash totals $122,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45251, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,831 (100%) |
| Owner Occupied HU | 6,122 (69.3%) |
| Renter Occupied HU | 2,289 (25.9%) |
| Vacant Housing Units | 420 ( 4.8%) |
| Median Home Value | $206,848 |
| Average Home Value | $254,784 |
Housing Distribution
Address Breakdown
Residential
8,824
Single Family
7,930
Multi-Family
894
Businesses
429
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Listed by: April L L Rockey • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1867070