2455 Rainbow CtCincinnatiOH45230
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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 2455 Rainbow Ct, Cincinnati, OH, 45230 offers a 11.76% rental yield on a $219,500 purchase with $2,152/mo rent. Total monthly income registers $2,152/mo, and a $1,074/mo payment leaves $709/mo available for distribution. Annual cash flow reaches $8,502/yr on $72,764 to close, and return on cash invested stands at 31.59% in year one. Equity gained on principal adds $1,416/yr while 5% annual appreciation supports $60,644 over five years. Portfolio math shows five-year ROI at 166.02% and total cumulative return in cash at $120,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,152/mo property income against a $1,074/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
5,401 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45230, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,589 (66.4%) |
| Renter Occupied HU | 3,480 (26.9%) |
| Vacant Housing Units | 861 ( 6.7%) |
| Median Home Value | $303,619 |
| Average Home Value | $363,328 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
9,898
Multi-Family
2,622
Businesses
530
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Listed by: Amber Hassman • ERA REAL Solutions Realty, LLC
Mls Name: Cincy MLS
Mls ID: #1848718