7238 Creekview Dr APT 12CincinnatiOH45247
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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 7238 Creekview Dr APT 12, Cincinnati, OH, 45247 uses $42,101 cash to close to unlock $4,203/yr annual cash flow and $350/mo monthly cash flow. Total monthly income runs $1,186/mo, and a $622/mo payment keeps the spread at $350/mo. Purchase price stands at $127,000, and rental yield measures 11.21% with $1,186/mo rent. Return on cash invested shows 29.89% in year one, and 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 156.99% and total cumulative return in cash records $66,093. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,186/mo property income covering a $622/mo payment rather than investor’s personal income.
Condo
Built in 1984
1.94 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: Debbie Weigand • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1862982