4860 Riverwalk DrKings MillsOH45034
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
Investment property for sale in Kings Mills at 4860 Riverwalk Dr, Kings Mills, OH, 45034 offers a 8.7% rental yield on a $559,999 purchase with $4,062/mo rent. Total monthly income registers $4,062/mo, and a $2,741/mo payment leaves $378/mo available for distribution. Annual cash flow reaches $4,540/yr on $184,240 to close, and return on cash invested stands at 22.52% in year one. Equity gained on principal adds $3,614/yr while 5% annual appreciation supports $154,717 over five years. Portfolio math shows five-year ROI at 117.36% and total cumulative return in cash at $216,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,062/mo property income against a $2,741/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45034, Kings Mills, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 372 (79.7%) |
| Renter Occupied HU | 72 (15.4%) |
| Vacant Housing Units | 23 ( 4.9%) |
| Median Home Value | $443,636 |
| Average Home Value | $477,641 |
Housing Distribution
Address Breakdown
Residential
296
Single Family
296
Multi-Family
0
Businesses
95
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Listed by: Tyler Hoskins • RE/MAX United Associates
Mls Name: Cincy MLS
Mls ID: #1851728