5161 Carriage HlCincinnatiOH45248
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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 5161 Carriage Hl, Cincinnati, OH, 45248 generates $1,228/mo in rent, after a $1,419/mo payment. Total monthly income is $1,228/mo. Return on cash invested sits at 11.43% in year one, and rental yield is 5.08% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 57.89% and total cumulative return in cash sums $55,648. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,228/mo property income rather than buyer’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45248, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,234 (100%) |
| Owner Occupied HU | 8,400 (82.1%) |
| Renter Occupied HU | 1,516 (14.8%) |
| Vacant Housing Units | 318 ( 3.1%) |
| Median Home Value | $247,321 |
| Average Home Value | $286,588 |
Housing Distribution
Address Breakdown
Residential
10,254
Single Family
8,578
Multi-Family
1,676
Businesses
305
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Listed by: Catherine M Alexander • Sibcy Cline, Inc.
Mls Name: Cincy MLS
Mls ID: #1866221