4070 Independence Dr APT 3CCincinnatiOH45255
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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 4070 Independence Dr APT 3C, Cincinnati, OH, 45255 uses $41,769 cash to close to unlock $2,003/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $996/mo, and a $617/mo payment keeps the spread at $167/mo. Purchase price stands at $126,000, and rental yield measures 9.49% with $996/mo rent. Return on cash invested shows 24.7% in year one, and 5% annual appreciation builds toward $34,811 over five years. Five-year ROI reaches 129.07% and total cumulative return in cash records $53,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $996/mo property income covering a $617/mo payment rather than investor’s personal income.
Condo
Built in 1980
596.77 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45255, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,946 (100%) |
| Owner Occupied HU | 6,636 (66.7%) |
| Renter Occupied HU | 2,660 (26.7%) |
| Vacant Housing Units | 650 ( 6.5%) |
| Median Home Value | $306,706 |
| Average Home Value | $356,974 |
Housing Distribution
Address Breakdown
Residential
9,785
Single Family
8,154
Multi-Family
1,631
Businesses
680
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Listed by: Julia Wallner • ERA REAL Solutions Realty, LLC
Mls Name: Cincy MLS
Mls ID: #1862964