5970 Colerain Ave UNIT 20CincinnatiOH45239
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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 5970 Colerain Ave UNIT 20, Cincinnati, OH, 45239 generates $1,025/mo in rent and, after a $636/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,025/mo, and annual cash flow is $2,044/yr on $43,062 invested. Return on cash invested sits at 24.66% in year one, and rental yield is 9.47% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 128.87% and total cumulative return in cash sums $55,495. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,025/mo property income rather than buyer’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45239, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,675 (100%) |
| Owner Occupied HU | 7,517 (59.3%) |
| Renter Occupied HU | 4,413 (34.8%) |
| Vacant Housing Units | 745 ( 5.9%) |
| Median Home Value | $178,573 |
| Average Home Value | $203,390 |
Housing Distribution
Address Breakdown
Residential
12,420
Single Family
9,974
Multi-Family
2,446
Businesses
486
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Listed by: Bobbie M Bean • Eurie Realty
Mls Name: Cincy MLS
Mls ID: #1855508