3011 Riddle View LnCincinnatiOH45220
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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 3011 Riddle View Ln, Cincinnati, OH, 45220 uses $111,053 cash to close to unlock $3,157/yr annual cash flow and $263/mo monthly cash flow. Total monthly income runs $2,467/mo, and a $1,640/mo payment keeps the spread at $263/mo. Purchase price stands at $335,000, and rental yield measures 8.84% with $2,467/mo rent. Return on cash invested shows 22.75% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 118.63% and total cumulative return in cash records $131,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,467/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1905
2,164 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45220, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 1,718 (22.5%) |
| Renter Occupied HU | 5,041 (66.0%) |
| Vacant Housing Units | 876 (11.5%) |
| Median Home Value | $424,931 |
| Average Home Value | $454,299 |
Housing Distribution
Address Breakdown
Residential
7,404
Single Family
3,102
Multi-Family
4,302
Businesses
255
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Listed by: Garrick M Horton • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1849471