1398 Colonial DrCincinnatiOH45238
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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 1398 Colonial Dr, Cincinnati, OH, 45238 earns $407/mo cash flow from $3,202/mo rent with a $2,080/mo payment. Total monthly income totals $3,202/mo, and annual cash flow totals $4,879/yr on $140,888 capital. ROI tracks 23.37% on current figures, and rental yield reads 9.04% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 121.92% and total cumulative return in cash sums $171,773. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,202/mo property income instead of your personal income.
Single Family
Built in 1957
0.86 Acres 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
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Listed by: Mary Jo Hoffman • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls ID: #949488