Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Cincinnati at 3640 Paramount Ridge Ln, Cincinnati, OH, 45247 generates $6,600/mo in rent and, after a $1,028/mo payment, leaves $5,219/mo in cash flow. Total monthly income is $6,600/mo, and annual cash flow is $62,622/yr on $69,615 invested. Return on cash invested sits at 109.86% in year one, and rental yield is 37.71% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 585.78% and total cumulative return in cash sums $407,788. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45247, Cincinnati, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,518 (100%) |
| Owner Occupied HU | 7,712 (81.0%) |
| Renter Occupied HU | 1,390 (14.6%) |
| Vacant Housing Units | 416 ( 4.4%) |
| Median Home Value | $307,845 |
| Average Home Value | $345,048 |
Residential
10,118
Single Family
7,994
Multi-Family
2,124
Businesses
444
Date | Event | Price |
|---|---|---|
| 2024-12-23 | Price change | $210,000 |
| 2024-12-15 | Listed for sale | $215,000 |
| 2011-06-24 | Sold | $100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-11 | $2492.11 | 24.11% | $55,769 | 41.61% |
| 2022-01-11 | $2007.98 | 7.87% | $39,382 | N/A |
| 2021-01-11 | $1861.45 | N/A | $39,382 | N/A |
Listed by: Nicole M Schwartz • eXp Realty
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1826045
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Zillow, Inc. does not display the entire Cincinnati MLS Broker Reciprocity database on this web site. The listings of some real estate brokerage firms have been excluded. Copyright 2024, MLS of Greater Cincinnati, Inc. All rights reserved
