673 Brandy WayCincinnatiOH45244
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
Rental property for sale in Cincinnati at 673 Brandy Way, Cincinnati, OH, 45244 priced at $489,000 converts $4,784/mo rent into $1,568/mo cash flow after a $2,393/mo obligation. Total monthly income equals $4,784/mo, and annual cash flow totals $18,814/yr on $162,104 invested. Return on cash invested prints 31.52% in year one, and rental yield reads 11.74% against a $489,000 entry. Equity gained on principal adds $3,155/yr, while 5% annual appreciation compiles into $135,102 by year five. Five-year ROI reaches 165.58% and total cumulative return in cash sums $268,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,784/mo property income covering a $2,393/mo payment, not borrower’s personal income.
Single Family
Built in 1992
1.74 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: Stephan S. Mack • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1860001