








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Colerain Township at 3950 Olde Savannah Dr APT 7, Colerain Township, OH, 45247 listed at $239,000 pairs $1,186/mo rent with a $1,170/mo payment. Total monthly income runs $1,186/mo. Return on cash invested measures 8.91% in year one, and rental yield registers 5.95% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 46.24% and total cumulative return in cash totals $36,636. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,186/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2000
N/A lot
$N/A/sqft
$340 monthly 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 |
|---|---|---|
| 2024-09-13 | Price change | $239,000 |
| 2024-07-12 | Listed for sale | $244,000 |
| 2022-08-01 | Sold | $170,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-13 | $2702.58 | 18.43% | $59,500 | 72.11% |
| 2022-09-13 | $2282.01 | -0.15% | $34,570 | N/A |
| 2021-09-13 | $2285.34 | N/A | $34,570 | N/A |



Listed by: Jennifer R Drumm • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1818137
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 The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.