1963 W North Bend RdCincinnatiOH45224
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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 1963 W North Bend Rd, Cincinnati, OH, 45224 offers a 16.45% rental yield on a $139,900 purchase with $1,918/mo rent. Total monthly income registers $1,918/mo, and a $685/mo payment leaves $998/mo available for distribution. Annual cash flow reaches $11,970/yr on $46,377 to close, and return on cash invested stands at 45.72% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 241.83% and total cumulative return in cash at $112,155. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,918/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
7,579 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45224, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 5,123 (52.7%) |
| Renter Occupied HU | 3,810 (39.2%) |
| Vacant Housing Units | 787 ( 8.1%) |
| Median Home Value | $229,770 |
| Average Home Value | $256,258 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
6,806
Multi-Family
2,601
Businesses
404
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Listed by: Tim Cottrill • Sibcy Cline Inc.
Mls Name: DABR MLS
Mls ID: #939782