3592 Horncastle DrCincinnatiOH45241
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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 3592 Horncastle Dr, Cincinnati, OH, 45241 listed at $424,000 pairs $3,107/mo rent with a $2,075/mo payment to leave $318/mo cash flow. Total monthly income runs $3,107/mo, and annual cash flow reaches $3,819/yr on $140,556 cash to close. Return on cash invested measures 22.63% in year one, and rental yield registers 8.79% at a $424,000 basis. Equity gained on principal adds $2,736/yr, and annual property appreciation at 5% supports $117,143 by year five. Five-year ROI tracks 117.94% and total cumulative return in cash totals $165,771. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,107/mo property income relative to a $2,075/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.46 Acres 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: Tim Cottrill • Sibcy Cline Inc.
Mls Name: DABR MLS
Mls ID: #944678