521 Martin Luther King Dr W APT B18CincinnatiOH45220
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 Cincinnati at 521 Martin Luther King Dr W APT B18, Cincinnati, OH, 45220 generates $1,720/mo in rent and, after a $930/mo payment, leaves $220/mo in cash flow. Total monthly income is $1,720/mo, and annual cash flow is $2,642/yr on $62,985 invested. Return on cash invested sits at 24.1% in year one, and rental yield is 10.86% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 127.65% and total cumulative return in cash sums $80,400. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,720/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$250 monthly 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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Nearby investment properties with comparable prices
Listed by: Suzanne Willard • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1826295
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