3408 N Bend Rd APT 11CincinnatiOH45239
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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 3408 N Bend Rd APT 11, Cincinnati, OH, 45239 earns $430/mo cash flow from $1,548/mo rent with a $832/mo payment. Total monthly income totals $1,548/mo, and annual cash flow totals $5,160/yr on $56,322 capital. ROI tracks 29.07% on current figures, and rental yield reads 10.93% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 152.45% and total cumulative return in cash sums $85,862. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,548/mo property income instead of your personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45239, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,675 (100%) |
| Owner Occupied HU | 7,517 (59.3%) |
| Renter Occupied HU | 4,413 (34.8%) |
| Vacant Housing Units | 745 ( 5.9%) |
| Median Home Value | $178,573 |
| Average Home Value | $203,390 |
Housing Distribution
Address Breakdown
Residential
12,420
Single Family
9,974
Multi-Family
2,446
Businesses
486
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Listed by: Edmund R Ferrall • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1858544