2197 Eight Mile RdCincinnatiOH45244
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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 2197 Eight Mile Rd, Cincinnati, OH, 45244 earns $376/mo cash flow from $2,842/mo rent with a $1,835/mo payment. Total monthly income totals $2,842/mo, and annual cash flow totals $4,509/yr on $124,313 capital. ROI tracks 23.54% on current figures, and rental yield reads 9.09% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 122.79% and total cumulative return in cash sums $152,643. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,842/mo property income instead of your personal income.
Single Family
Built in 1968
1.67 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 A DeCurtins • ERA REAL Solutions Realty, LLC
Mls Name: Cincy MLS
Mls ID: #1855167