624 Fern CtCincinnatiOH45244
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 624 Fern Ct, Cincinnati, OH, 45244 with 5% annual appreciation on a $254,900 basis while $2,154/mo rent supports operations. Total monthly income totals $2,154/mo and a $1,248/mo payment preserves $477/mo for cash returns. Annual cash flow comes to $5,723/yr on $84,499 deployed, and return on cash invested reaches 26.68% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,424 alongside rental yield of 10.14%. Five-year ROI measures 139.66% and total cumulative return in cash totals $118,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,154/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45244, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,079 (100%) |
| Owner Occupied HU | 8,533 (77.0%) |
| Renter Occupied HU | 2,008 (18.1%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $395,780 |
| Average Home Value | $418,228 |
Housing Distribution
Address Breakdown
Residential
11,117
Single Family
9,808
Multi-Family
1,309
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawnda Partin • Hand In Hand Realty, LLC
Mls Name: Cincy MLS
Mls ID: #1866552