2830 Parkwalk DrCincinnatiOH45239
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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 2830 Parkwalk Dr, Cincinnati, OH, 45239 offers a 8.59% rental yield on a $380,000 purchase with $2,719/mo rent. Total monthly income registers $2,719/mo, and a $1,860/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,632/yr on $125,970 to close, and return on cash invested stands at 22% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 114.58% and total cumulative return in cash at $144,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,719/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.27 Acres 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: Tom Hambly • Relocation Planners
Mls Name: Cincy MLS
Mls ID: #1856452