3970 Ardmore AveCincinnatiOH45229
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
Rental property for sale in Cincinnati at 3970 Ardmore Ave, Cincinnati, OH, 45229 generates $2,394/mo in rent and, after a $1,209/mo payment, leaves $769/mo in cash flow. Total monthly income is $2,394/mo, and annual cash flow is $9,231/yr on $81,881 invested. Return on cash invested sits at 31.18% in year one, and rental yield is 11.63% on a $247,000 entry. Equity gained on principal adds $1,594/yr, while 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 163.85% and total cumulative return in cash sums $134,164. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45229, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,063 (100%) |
| Owner Occupied HU | 1,655 (23.4%) |
| Renter Occupied HU | 4,095 (58.0%) |
| Vacant Housing Units | 1,313 (18.6%) |
| Median Home Value | $330,983 |
| Average Home Value | $374,802 |
Housing Distribution
Address Breakdown
Residential
6,304
Single Family
2,989
Multi-Family
3,315
Businesses
308
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Nearby investment properties with comparable prices
Listed by: Mary Clare Baden • eXp Realty
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1844125
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