6306 W Fork 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
Investment property for sale in Cincinnati at 6306 W Fork Rd, Cincinnati, OH, 45247 uses $66,300 cash to close to unlock $7,348/yr annual cash flow and $612/mo monthly cash flow. Total monthly income runs $1,928/mo, and a $979/mo payment keeps the spread at $612/mo. Purchase price stands at $200,000, and rental yield measures 11.57% with $1,928/mo rent. Return on cash invested shows 30.99% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 162.82% and total cumulative return in cash records $107,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,928/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1941
0.49 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: Gregory R Unthank • Plum Tree Realty
Mls Name: Cincy MLS
Mls ID: #1850987