3068 Carroll AveCincinnatiOH45248
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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 3068 Carroll Ave, Cincinnati, OH, 45248 earns $21/mo cash flow from $1,401/mo rent with a $1,027/mo payment. Total monthly income totals $1,401/mo, and annual cash flow totals $248/yr on $69,582 capital. ROI tracks 20.27% on current figures, and rental yield reads 8.01% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash sums $73,256. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,401/mo property income instead of your personal income.
Single Family
Built in 1949
6,664 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45248, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,234 (100%) |
| Owner Occupied HU | 8,400 (82.1%) |
| Renter Occupied HU | 1,516 (14.8%) |
| Vacant Housing Units | 318 ( 3.1%) |
| Median Home Value | $247,321 |
| Average Home Value | $286,588 |
Housing Distribution
Address Breakdown
Residential
10,254
Single Family
8,578
Multi-Family
1,676
Businesses
305
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Listed by: Tom Deutsch Jr. • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1847394