1429 Waycross RdForest ParkOH45240
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 Forest Park at 1429 Waycross Rd, Forest Park, OH, 45240 uses $127,893 cash to close to unlock $3,739/yr annual cash flow and $312/mo monthly cash flow. Total monthly income runs $2,849/mo, and a $1,888/mo payment keeps the spread at $312/mo. Purchase price stands at $385,800, and rental yield measures 8.86% with $2,849/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $106,589 over five years. Five-year ROI reaches 119.04% and total cumulative return in cash records $152,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,849/mo property income covering a $1,888/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45240, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,031 (100%) |
| Owner Occupied HU | 6,627 (60.1%) |
| Renter Occupied HU | 3,927 (35.6%) |
| Vacant Housing Units | 477 ( 4.3%) |
| Median Home Value | $210,500 |
| Average Home Value | $243,111 |
Housing Distribution
Address Breakdown
Residential
10,965
Single Family
8,801
Multi-Family
2,164
Businesses
593
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A