2016 Mistyhill DrCincinnatiOH45240
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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 2016 Mistyhill Dr, Cincinnati, OH, 45240 offers a 11.97% rental yield on a $192,500 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $942/mo payment leaves $654/mo available for distribution. Annual cash flow reaches $7,848/yr on $63,814 to close, and return on cash invested stands at 32.21% in year one. Equity gained on principal adds $1,242/yr while 5% annual appreciation supports $53,184 over five years. Portfolio math shows five-year ROI at 169.29% and total cumulative return in cash at $108,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $942/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
0.28 Acres 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
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Listed by: Daniel Baron • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1847645