2606 Kipling AveCincinnatiOH45239
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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 2606 Kipling Ave, Cincinnati, OH, 45239 uses $71,902 cash to close to unlock $7,403/yr annual cash flow and $617/mo monthly cash flow. Total monthly income runs $2,044/mo, and a $1,062/mo payment keeps the spread at $617/mo. Purchase price stands at $216,900, and rental yield measures 11.31% with $2,044/mo rent. Return on cash invested shows 30.2% in year one, and 5% annual appreciation builds toward $59,925 over five years. Five-year ROI reaches 158.58% and total cumulative return in cash records $114,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,044/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Single Family
Built in 1927
9,060 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45239, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,675 (100%) |
| Owner Occupied HU | 7,517 (59.3%) |
| Renter Occupied HU | 4,413 (34.8%) |
| Vacant Housing Units | 745 ( 5.9%) |
| Median Home Value | $178,573 |
| Average Home Value | $203,390 |
Housing Distribution
Address Breakdown
Residential
12,420
Single Family
9,974
Multi-Family
2,446
Businesses
486
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Listed by: Kimberly K Ballinger • RE/MAX Preferred Group
Mls Name: Cincy MLS
Mls ID: #1853201