6024 Connecticut CtCincinnatiOH45224
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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
Investment property for sale in Cincinnati at 6024 Connecticut Ct, Cincinnati, OH, 45224 earns $1,129/mo cash flow from $2,563/mo rent with a $1,067/mo payment. Total monthly income totals $2,563/mo, and annual cash flow totals $13,550/yr on $72,234 capital. ROI tracks 38.67% on current figures, and rental yield reads 14.11% at a $217,900 purchase. Equity gained on principal adds $1,406/yr, and 5% annual appreciation supports $60,202 over five years. Five-year ROI reaches 204.02% and total cumulative return in cash sums $147,372. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,563/mo property income instead of your personal income.
Single Family
Built in 1948
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45224, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 5,123 (52.7%) |
| Renter Occupied HU | 3,810 (39.2%) |
| Vacant Housing Units | 787 ( 8.1%) |
| Median Home Value | $229,770 |
| Average Home Value | $256,258 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
6,806
Multi-Family
2,601
Businesses
404
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Nearby investment properties with comparable prices
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