1747 Summithills DrCincinnatiOH45255
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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 1747 Summithills Dr, Cincinnati, OH, 45255 offers a 9.45% rental yield on a $357,400 purchase with $2,814/mo rent. Total monthly income registers $2,814/mo, and a $1,749/mo payment leaves $463/mo available for distribution. Annual cash flow reaches $5,560/yr on $118,478 to close, and return on cash invested stands at 24.6% in year one. Equity gained on principal adds $2,306/yr while 5% annual appreciation supports $98,743 over five years. Portfolio math shows five-year ROI at 128.53% and total cumulative return in cash at $152,277. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,814/mo property income against a $1,749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45255, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,946 (100%) |
| Owner Occupied HU | 6,636 (66.7%) |
| Renter Occupied HU | 2,660 (26.7%) |
| Vacant Housing Units | 650 ( 6.5%) |
| Median Home Value | $306,706 |
| Average Home Value | $356,974 |
Housing Distribution
Address Breakdown
Residential
9,785
Single Family
8,154
Multi-Family
1,631
Businesses
680
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Listed by: Meghan Dwyer • Irongate Inc.
Mls Name: DABR MLS
Mls ID: #947868