515 Glencoe CtMasonOH45040
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
Rental property for sale in Mason at 515 Glencoe Ct, Mason, OH, 45040 priced at $228,500 converts $2,520/mo rent into $714/mo cash flow after a $1,118/mo obligation. Total monthly income equals $2,520/mo, and annual cash flow totals $8,572/yr on $75,748 invested. Return on cash invested prints 31.23% in year one, and rental yield reads 13.23% against a $228,500 entry. Equity gained on principal adds $1,474/yr, while 5% annual appreciation compiles into $63,130 by year five. Five-year ROI reaches 165.81% and total cumulative return in cash sums $125,596. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,520/mo property income covering a $1,118/mo payment, not borrower’s personal income.
Townhouse
Built in 1979
570.64 sqft lot
$N/A/sqft
$303 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45040, Mason, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,632 (100%) |
| Owner Occupied HU | 16,616 (73.4%) |
| Renter Occupied HU | 5,052 (22.3%) |
| Vacant Housing Units | 964 ( 4.3%) |
| Median Home Value | $454,409 |
| Average Home Value | $515,027 |
Housing Distribution
Address Breakdown
Residential
21,841
Single Family
18,979
Multi-Family
2,862
Businesses
1,688
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Listed by: Li Burk • OwnerLand Realty, Inc.
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1838349
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