2106 Forestlake DrCincinnatiOH45244
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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 2106 Forestlake Dr, Cincinnati, OH, 45244 uses $75,914 cash to close to unlock $6,738/yr annual cash flow and $562/mo monthly cash flow. Total monthly income runs $2,068/mo, and a $1,121/mo payment keeps the spread at $562/mo. Purchase price stands at $229,000, and rental yield measures 10.84% with $2,068/mo rent. Return on cash invested shows 28.79% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 150.97% and total cumulative return in cash records $114,605. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,068/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45244, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,079 (100%) |
| Owner Occupied HU | 8,533 (77.0%) |
| Renter Occupied HU | 2,008 (18.1%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $395,780 |
| Average Home Value | $418,228 |
Housing Distribution
Address Breakdown
Residential
11,117
Single Family
9,808
Multi-Family
1,309
Businesses
444
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Listed by: Jon Bradfield • Evanir Realty
Mls Name: DABR MLS
Mls ID: #951323