2462 River RdCincinnatiOH45204
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 2462 River Rd, Cincinnati, OH, 45204 listed at $489,900 pairs $1,428/mo rent with a $2,398/mo payment. Total monthly income runs $1,428/mo. Return on cash invested measures 6.65% in year one, and rental yield registers 3.5% at a $489,900 basis. Equity gained on principal adds $3,161/yr, and annual property appreciation at 5% supports $135,350 by year five. Five-year ROI tracks 32.26% and total cumulative return in cash totals $52,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,428/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45204, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 958 (31.5%) |
| Renter Occupied HU | 1,505 (49.5%) |
| Vacant Housing Units | 579 (19.0%) |
| Median Home Value | $164,783 |
| Average Home Value | $217,028 |
Housing Distribution
Address Breakdown
Residential
2,790
Single Family
1,686
Multi-Family
1,104
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan Elflein • Ohio Broker Direct
Mls Name: Cincy MLS
Mls ID: #1862980