5012 Garden Grove LnCincinnatiOH45238
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 Cincinnati at 5012 Garden Grove Ln, Cincinnati, OH, 45238 listed at $324,900 pairs $1,282/mo rent with a $1,590/mo payment. Total monthly income runs $1,282/mo. Return on cash invested measures 10.38% in year one, and rental yield registers 4.73% at a $324,900 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,764 by year five. Five-year ROI tracks 52.3% and total cumulative return in cash totals $56,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,282/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2023
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45238, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,687 (100%) |
| Owner Occupied HU | 11,429 (58.1%) |
| Renter Occupied HU | 6,901 (35.1%) |
| Vacant Housing Units | 1,357 ( 6.9%) |
| Median Home Value | $205,576 |
| Average Home Value | $257,391 |
Housing Distribution
Address Breakdown
Residential
19,820
Single Family
14,161
Multi-Family
5,659
Businesses
651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael J Rolfes • Hoeting, REALTORS
Mls Name: Cincy MLS
Mls ID: #1867444