2444 Madison Rd UNIT 708CincinnatiOH45208
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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
Rental property for sale in Cincinnati at 2444 Madison Rd UNIT 708, Cincinnati, OH, 45208 generates $3,066/mo in rent, after a $1,689/mo payment. Total monthly income is $3,066/mo. Return on cash invested sits at 12.07% in year one, and rental yield is 10.66% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 67.17% and total cumulative return in cash sums $76,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,066/mo property income rather than buyer’s personal income.
Condo
Built in 1967
13.63 Acres lot
$N/A/sqft
$1,428 monthly 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
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Listed by: Michael C Hinckley • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1845533
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