2407 Concord StCincinnatiOH45206
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 2407 Concord St, Cincinnati, OH, 45206 earns $356/mo cash flow from $1,013/mo rent with a $489/mo payment. Total monthly income totals $1,013/mo, and annual cash flow totals $4,268/yr on $33,150 capital. ROI tracks 32.78% on current figures, and rental yield reads 12.16% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 172.39% and total cumulative return in cash sums $57,148. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,013/mo property income instead of your personal income.
Multi Family
Built in 1875
2,526 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45206, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,313 (100%) |
| Owner Occupied HU | 1,854 (25.4%) |
| Renter Occupied HU | 4,367 (59.7%) |
| Vacant Housing Units | 1,092 (14.9%) |
| Median Home Value | $341,509 |
| Average Home Value | $445,109 |
Housing Distribution
Address Breakdown
Residential
7,002
Single Family
3,267
Multi-Family
3,735
Businesses
580
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Frazier • Sibcy Cline, Inc.
Mls Name: Cincy MLS
Mls ID: #1860523