740 Springfield PikeCincinnatiOH45215
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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 740 Springfield Pike, Cincinnati, OH, 45215 at $439,900 posts ROI 16.97% with from $2,536/mo rent. Total monthly income equals $2,536/mo. Return on cash invested measures 16.97% and rental yield reads 6.92% at the current $439,900. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 by year five. Five-year ROI prints 87.59% and total cumulative return in cash totals $127,731. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,536/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45215, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,655 (100%) |
| Owner Occupied HU | 6,600 (48.3%) |
| Renter Occupied HU | 5,860 (42.9%) |
| Vacant Housing Units | 1,195 ( 8.8%) |
| Median Home Value | $259,212 |
| Average Home Value | $330,147 |
Housing Distribution
Address Breakdown
Residential
13,367
Single Family
10,522
Multi-Family
2,845
Businesses
1,130
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Listed by: Skip J Koesterman • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1855370