2324 Madison Rd UNIT 401CincinnatiOH45208
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2324 Madison Rd UNIT 401, Cincinnati, OH, 45208 earns $150/mo cash flow from $907/mo rent with a $563/mo payment. Total monthly income totals $907/mo, and annual cash flow totals $1,805/yr on $38,123 capital. ROI tracks 24.64% on current figures, and rental yield reads 9.46% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash sums $49,125. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $907/mo property income instead of your personal income.
Condo
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45208, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,938 (100%) |
| Owner Occupied HU | 5,657 (56.9%) |
| Renter Occupied HU | 3,566 (35.9%) |
| Vacant Housing Units | 715 ( 7.2%) |
| Median Home Value | $507,309 |
| Average Home Value | $616,828 |
Housing Distribution
Address Breakdown
Residential
9,321
Single Family
6,250
Multi-Family
3,071
Businesses
642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John R Gillespie • Sibcy Cline, Inc.
Mls Name: Cincy MLS
Mls ID: #1850706