146 Glenridge PlCincinnatiOH45217
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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
Rental property for sale in Cincinnati at 146 Glenridge Pl, Cincinnati, OH, 45217 priced at $240,000 pairs $2,340/mo rent with $761/mo cash flow after a $1,175/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $9,132/yr on $79,560 invested. Return on cash invested is 31.39% in year one, and rental yield stands at 11.7% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 164.89% and total cumulative return in cash reaches $131,186. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1947
4,704 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45217, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 1,625 (49.4%) |
| Renter Occupied HU | 1,355 (41.2%) |
| Vacant Housing Units | 309 ( 9.4%) |
| Median Home Value | $256,143 |
| Average Home Value | $317,374 |
Housing Distribution
Address Breakdown
Residential
2,950
Single Family
2,303
Multi-Family
647
Businesses
214
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Listed by: Tryfon T. Christoforou • 3CRE Residential Advisors, LLC
Mls Name: Cincy MLS
Mls ID: #1847244