5055 Drake RdCincinnatiOH45243
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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 5055 Drake Rd, Cincinnati, OH, 45243 generates $1,560/mo in rent, after a $9,784/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at -1.1% in year one, and rental yield is 0.94% on a $1,999,000 entry. Equity gained on principal adds $12,899/yr, while 5% annual appreciation builds toward $552,287 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45243, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 4,990 (82.2%) |
| Renter Occupied HU | 758 (12.5%) |
| Vacant Housing Units | 325 ( 5.4%) |
| Median Home Value | $590,695 |
| Average Home Value | $733,888 |
Housing Distribution
Address Breakdown
Residential
6,093
Single Family
5,864
Multi-Family
229
Businesses
410
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Listed by: Nicholas Binkley • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1856450