3960 Olde Savannah Dr APT 5CincinnatiOH45247
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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 3960 Olde Savannah Dr APT 5, Cincinnati, OH, 45247 earns $382/mo cash flow from $1,559/mo rent with a $876/mo payment. Total monthly income totals $1,559/mo, and annual cash flow totals $4,580/yr on $59,339 capital. ROI tracks 27.63% on current figures, and rental yield reads 10.45% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 144.76% and total cumulative return in cash sums $85,899. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,559/mo property income instead of your personal income.
Condo
Built in 2001
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
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Listed by: Martin L. Creech • RE/MAX Alpha Real Estate
Mls Name: Cincy MLS
Mls ID: #1860861