499 Halifax CirCincinnatiOH45244
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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 499 Halifax Cir, Cincinnati, OH, 45244 priced at $220,000 pairs $1,578/mo rent with $131/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,578/mo, and annual cash flow comes to $1,568/yr on $72,930 invested. Return on cash invested is 22.06% in year one, and rental yield stands at 8.61% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 114.9% and total cumulative return in cash reaches $83,795. For financing, Ziffy Mortgage’s DSCR program evaluates $1,578/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1980
723.10 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45244, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,079 (100%) |
| Owner Occupied HU | 8,533 (77.0%) |
| Renter Occupied HU | 2,008 (18.1%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $395,780 |
| Average Home Value | $418,228 |
Housing Distribution
Address Breakdown
Residential
11,117
Single Family
9,808
Multi-Family
1,309
Businesses
444
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Listed by: Jacqueline Y Miranda-Hauke • eXp Realty
Mls Name: Cincy MLS
Mls ID: #1855441