3950 Olde Savannah Dr APT 6CincinnatiOH45247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3950 Olde Savannah Dr APT 6, Cincinnati, OH, 45247 offers a 7.49% rental yield on a $190,000 purchase with $1,186/mo rent. 69% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 96.9% and total cumulative return in cash at $61,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,186/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45247, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,118
Single Family
7,994
Multi-Family
2,124
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle R Sloan • Re/Max Time
Mls Name: Cincy MLS
Mls ID: #1852008