3320 Rio Grande LnCincinnatiOH45244
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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 3320 Rio Grande Ln, Cincinnati, OH, 45244 listed at $225,000 pairs $2,215/mo rent with a $1,101/mo payment to leave $735/mo cash flow. Total monthly income runs $2,215/mo, and annual cash flow reaches $8,823/yr on $74,588 cash to close. Return on cash invested measures 31.74% in year one, and rental yield registers 11.81% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 166.85% and total cumulative return in cash totals $124,449. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,215/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
8,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45244, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,079 (100%) |
| Owner Occupied HU | 8,533 (77.0%) |
| Renter Occupied HU | 2,008 (18.1%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $395,780 |
| Average Home Value | $418,228 |
Housing Distribution
Address Breakdown
Residential
11,117
Single Family
9,808
Multi-Family
1,309
Businesses
444
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Listed by: Brittney Lovdal • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1853944