6020 Sheed RdCincinnatiOH45247
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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 6020 Sheed Rd, Cincinnati, OH, 45247 priced at $249,900 converts $1,726/mo rent into $82/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,726/mo, and annual cash flow totals $988/yr on $82,842 invested. Return on cash invested prints 21.1% in year one, and rental yield reads 8.29% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 109.79% and total cumulative return in cash sums $90,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,726/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45247, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,118
Single Family
7,994
Multi-Family
2,124
Businesses
444
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Listed by: Julia F Werle • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1865757