1358 Le Mar DrCincinnatiOH45238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1358 Le Mar Dr, Cincinnati, OH, 45238 uses $66,300 cash to close to unlock $3,352/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $1,595/mo, and a $979/mo payment keeps the spread at $279/mo. Purchase price stands at $200,000, and rental yield measures 9.57% with $1,595/mo rent. Return on cash invested shows 24.96% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 130.51% and total cumulative return in cash records $86,528. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,595/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1949
7,884 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45238, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,687 (100%) |
| Owner Occupied HU | 11,429 (58.1%) |
| Renter Occupied HU | 6,901 (35.1%) |
| Vacant Housing Units | 1,357 ( 6.9%) |
| Median Home Value | $205,576 |
| Average Home Value | $257,391 |
Housing Distribution
Address Breakdown
Residential
19,820
Single Family
14,161
Multi-Family
5,659
Businesses
651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelli Roberts • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls Provider:
Mls ID: #929774
Disclaimer: 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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.