6519 Rainbow LnCincinnatiOH45230
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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 6519 Rainbow Ln, Cincinnati, OH, 45230 uses $66,267 cash to close to unlock $2,262/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,503/mo, and a $978/mo payment keeps the spread at $189/mo. Purchase price stands at $199,900, and rental yield measures 9.02% with $1,503/mo rent. Return on cash invested shows 23.32% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 121.69% and total cumulative return in cash records $80,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,503/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45230, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,589 (66.4%) |
| Renter Occupied HU | 3,480 (26.9%) |
| Vacant Housing Units | 861 ( 6.7%) |
| Median Home Value | $303,619 |
| Average Home Value | $363,328 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
9,898
Multi-Family
2,622
Businesses
530
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Listed by: Rick J Finn • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1860092