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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Cincinnati at 2645 Devils Backbone Rd, Cincinnati, OH, 45233 generates $2,341/mo in rent and, after a $1,610/mo payment, leaves $177/mo in cash flow. Total monthly income is $2,341/mo, and annual cash flow is $2,126/yr on $109,064 invested. Return on cash invested sits at 21.86% in year one, and rental yield is 8.54% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 113.84% and total cumulative return in cash sums $124,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,341/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45233, Cincinnati, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,860 (100%) |
| Owner Occupied HU | 4,754 (81.1%) |
| Renter Occupied HU | 885 (15.1%) |
| Vacant Housing Units | 221 ( 3.8%) |
| Median Home Value | $294,774 |
| Average Home Value | $328,971 |
Residential
6,061
Single Family
5,499
Multi-Family
562
Businesses
183
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Gregory R Unthank • Plum Tree Realty
Mls Name: Cincy MLS
Mls ID: #1847876
