60 Carpenters RdgCincinnatiOH45241
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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
Total monthly income runs $2,519/mo, and a $2,668/mo payment. Purchase price stands at $545,000, and rental yield measures 5.55% with $2,519/mo rent. Return on cash invested shows 12.92% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 65.87% and total cumulative return in cash records $118,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,519/mo property income covering a $2,668/mo payment rather than investor’s personal income.
Condo
Built in 1985
6,185 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45241, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,480 (100%) |
| Owner Occupied HU | 7,432 (70.9%) |
| Renter Occupied HU | 2,552 (24.4%) |
| Vacant Housing Units | 496 ( 4.7%) |
| Median Home Value | $349,877 |
| Average Home Value | $382,613 |
Housing Distribution
Address Breakdown
Residential
10,597
Single Family
8,492
Multi-Family
2,105
Businesses
1,459
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Listed by: Dayna Foote • Sibcy Cline, Inc.
Mls Name: Cincy MLS
Mls ID: #1863808