3380 Spurrier LnCincinnatiOH45241
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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
Rental property for sale in Cincinnati at 3380 Spurrier Ln, Cincinnati, OH, 45241 generates $1,539/mo in rent and, after a $1,101/mo payment, leaves $59/mo in cash flow. Total monthly income is $1,539/mo, and annual cash flow is $713/yr on $74,554 invested. Return on cash invested sits at 20.87% in year one, and rental yield is 8.21% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 108.52% and total cumulative return in cash sums $80,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,539/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
7,448 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45241, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,480 (100%) |
| Owner Occupied HU | 7,432 (70.9%) |
| Renter Occupied HU | 2,552 (24.4%) |
| Vacant Housing Units | 496 ( 4.7%) |
| Median Home Value | $349,877 |
| Average Home Value | $382,613 |
Housing Distribution
Address Breakdown
Residential
10,597
Single Family
8,492
Multi-Family
2,105
Businesses
1,459
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Listed by: Christopher J Hoffman • Plum Tree Realty
Mls Name: Cincy MLS
Mls ID: #1861957