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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cleves at 240 E Morgan St, Cleves, OH, 45002 at $489,000 posts ROI 17.48% with from $2,888/mo rent. Total monthly income equals $2,888/mo. Return on cash invested measures 17.48% and rental yield reads 7.09% at the current $489,000. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 by year five. Five-year ROI prints 90.32% and total cumulative return in cash totals $146,410. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
8.89 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45002, Cleves, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,908 (100%) |
| Owner Occupied HU | 4,287 (72.6%) |
| Renter Occupied HU | 1,317 (22.3%) |
| Vacant Housing Units | 304 ( 5.1%) |
| Median Home Value | $339,583 |
| Average Home Value | $374,014 |
Residential
5,775
Single Family
5,125
Multi-Family
650
Businesses
302
Date | Event | Price |
|---|---|---|
| 2025-08-01 | Sold | $489,000 |
| 2025-06-28 | Pending sale | $525,000 |
| 2025-06-05 | Price change | $525,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-30 | $3551.57 | -0.45% | $75,443 | N/A |
| 2023-10-30 | $3567.60 | -1.04% | $75,443 | 23.71% |
| 2022-10-30 | $3604.97 | -5.62% | $60,984 | N/A |
Listed by: Jennifer A. Baldwin • Keller Williams Seven Hills Re
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1840352
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