2330 Riverside DrCincinnatiOH45202
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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 2330 Riverside Dr, Cincinnati, OH, 45202 uses $174,370 cash to close to unlock $538/yr annual cash flow and $45/mo monthly cash flow. Total monthly income runs $3,531/mo, and a $2,594/mo payment keeps the spread at $45/mo. Purchase price stands at $530,000, and rental yield measures 7.99% with $3,531/mo rent. Return on cash invested shows 20.37% in year one, and 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 105.79% and total cumulative return in cash records $184,459. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,531/mo property income covering a $2,594/mo payment rather than investor’s personal income.
Single Family
Built in 2001
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45202, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,395 (100%) |
| Owner Occupied HU | 2,260 (16.9%) |
| Renter Occupied HU | 8,730 (65.2%) |
| Vacant Housing Units | 2,405 (18.0%) |
| Median Home Value | $474,559 |
| Average Home Value | $553,239 |
Housing Distribution
Address Breakdown
Residential
11,809
Single Family
3,714
Multi-Family
8,095
Businesses
2,419
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Listed by: Joan Elflein • Ohio Broker Direct
Mls Name: Cincy MLS
Mls ID: #1852038