502 Riddle RdCincinnatiOH45220
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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 502 Riddle Rd, Cincinnati, OH, 45220 with 5% annual appreciation on a $549,000 basis while $3,245/mo rent supports operations. 63% in year one. Equity gained on principal adds $3,543/yr, and five-year appreciation sums $151,679 alongside rental yield of 7.09%. Five-year ROI measures 91.09% and total cumulative return in cash totals $164,528. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,245/mo property income versus a $2,687/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1908
5,706 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45220, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 1,718 (22.5%) |
| Renter Occupied HU | 5,041 (66.0%) |
| Vacant Housing Units | 876 (11.5%) |
| Median Home Value | $424,931 |
| Average Home Value | $454,299 |
Housing Distribution
Address Breakdown
Residential
7,404
Single Family
3,102
Multi-Family
4,302
Businesses
255
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Listed by: Julz Brown • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1855651