290 Shaker CtCincinnatiOH45238
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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 290 Shaker Ct, Cincinnati, OH, 45238 offers a 9.59% rental yield on a $231,000 purchase with $1,847/mo rent. Total monthly income registers $1,847/mo, and a $1,131/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,926/yr on $76,577 to close, and return on cash invested stands at 25.04% in year one. Equity gained on principal adds $1,491/yr while 5% annual appreciation supports $63,821 over five years. Portfolio math shows five-year ROI at 130.91% and total cumulative return in cash at $100,245. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,847/mo property income against a $1,131/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45238, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,687 (100%) |
| Owner Occupied HU | 11,429 (58.1%) |
| Renter Occupied HU | 6,901 (35.1%) |
| Vacant Housing Units | 1,357 ( 6.9%) |
| Median Home Value | $205,576 |
| Average Home Value | $257,391 |
Housing Distribution
Address Breakdown
Residential
19,820
Single Family
14,161
Multi-Family
5,659
Businesses
651
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Listed by: Cory A. Schwalbe • Opendoor Brokerage LLC
Mls Name: Cincy MLS
Mls ID: #1861107