3990 Olde Savannah Dr APT 2CincinnatiOH45247
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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
Rental property for sale in Cincinnati at 3990 Olde Savannah Dr APT 2, Cincinnati, OH, 45247 generates $1,457/mo in rent, after a $917/mo payment. Total monthly income is $1,457/mo. Return on cash invested sits at 17.49% in year one, and rental yield is 9.33% on a $187,400 entry. Equity gained on principal adds $1,209/yr, while 5% annual appreciation builds toward $51,775 over five years. Five-year ROI reaches 92.84% and total cumulative return in cash sums $57,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,457/mo property income rather than buyer’s personal income.
Condo
Built in 2000
1.87 Acres lot
$N/A/sqft
$350 monthly 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: Scott Ferguson • Keller Williams Advisors Rlty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #927859
Disclaimer: 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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.