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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cincinnati at 6602 Hearne Rd APT 47, Cincinnati, OH, 45248 uses $36,134 cash to close to unlock $1,698/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $859/mo, and a $534/mo payment keeps the spread at $142/mo. Purchase price stands at $109,000, and rental yield measures 9.46% with $859/mo rent. Return on cash invested shows 24.61% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 128.62% and total cumulative return in cash records $46,474. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $859/mo property income covering a $534/mo payment rather than investor’s personal income.
Condo
Built in 1975
25.09 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45248, Cincinnati, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,234 (100%) |
| Owner Occupied HU | 8,400 (82.1%) |
| Renter Occupied HU | 1,516 (14.8%) |
| Vacant Housing Units | 318 ( 3.1%) |
| Median Home Value | $247,321 |
| Average Home Value | $286,588 |
Residential
10,254
Single Family
8,578
Multi-Family
1,676
Businesses
305
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Simon Berhane • OwnerLand Realty, Inc.
Mls Name: Cincy MLS
Mls ID: #1838241
