








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Cincinnati at 5490 Asbury Lake Dr UNIT 60, Cincinnati, OH, 45247 uses $65,604 cash to close to unlock $3,694/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,928/mo, and a $969/mo payment keeps the spread at $308/mo. Purchase price stands at $197,900, and rental yield measures 11.69% with $1,928/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $54,676 over five years. Five-year ROI reaches 135.65% and total cumulative return in cash records $88,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,928/mo property income covering a $969/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$318 monthly HOA
Neighborhood data shown for ZIP Code: 45247, Cincinnati, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,518 (100%) |
| Owner Occupied HU | 7,712 (81.0%) |
| Renter Occupied HU | 1,390 (14.6%) |
| Vacant Housing Units | 416 ( 4.4%) |
| Median Home Value | $307,845 |
| Average Home Value | $345,048 |
Residential
10,118
Single Family
7,994
Multi-Family
2,124
Businesses
444
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $197,900 |
| 2023-06-27 | Sold | $189,000 |
| 2023-06-09 | Pending sale | $188,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-04 | $2652.56 | 26.71% | $48,311 | 54.83% |
| 2022-04-04 | $2093.33 | 53.91% | $31,203 | N/A |
| 2021-04-04 | $1360.14 | N/A | $31,203 | 0.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A