3004 Glenmore Ave UNIT 104CincinnatiOH45238
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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 3004 Glenmore Ave UNIT 104, Cincinnati, OH, 45238 listed at $140,000 pairs $1,282/mo rent with a $685/mo payment to leave $361/mo cash flow. Total monthly income runs $1,282/mo, and annual cash flow reaches $4,336/yr on $46,410 cash to close. Return on cash invested measures 29.25% in year one, and rental yield registers 10.99% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 153.51% and total cumulative return in cash totals $71,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,282/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
1.63 Acres 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: Sally Metz • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1865244