7203 English Dr #7-104CincinnatiOH45244
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 7203 English Dr #7-104, Cincinnati, OH, 45244 uses $75,251 cash to close to unlock $311/yr annual cash flow and $26/mo monthly cash flow. Total monthly income runs $1,519/mo, and a $1,111/mo payment keeps the spread at $26/mo. Purchase price stands at $227,000, and rental yield measures 8.03% with $1,519/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 105.55% and total cumulative return in cash records $79,429. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,519/mo property income covering a $1,111/mo payment rather than investor’s personal income.
Condo
Built in 2005
N/A 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: Janet M Carpenter • Coldwell Banker Realty, Anders
Mls Name: Cincy MLS
Mls ID: #1852151