








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Cincinnati at 7620 Cheviot Rd UNIT 407, Cincinnati, OH, 45247 generates $1,186/mo in rent, after a $898/mo payment. Total monthly income is $1,186/mo. Return on cash invested sits at 14.66% in year one, and rental yield is 7.76% on a $183,500 entry. Equity gained on principal adds $1,184/yr, while 5% annual appreciation builds toward $50,698 over five years. Five-year ROI reaches 77.05% and total cumulative return in cash sums $46,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,186/mo property income rather than buyer’s personal income.
Condo
Built in 1993
1.47 Acres lot
$N/A/sqft
$245 monthly HOA
Neighborhood data shown for ZIP Code: 45247, Cincinnati, OH area.
| 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 |
Residential
10,118
Single Family
7,994
Multi-Family
2,124
Businesses
444
Date | Event | Price |
|---|---|---|
| 2025-05-23 | Listed for sale | $183,500 |
| 2019-10-23 | Sold | $43,252 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-24 | $2759.86 | 57.77% | $51,342 | 93.88% |
| 2022-05-24 | $1749.27 | -0.15% | $26,481 | N/A |
| 2021-05-24 | $1751.86 | N/A | $26,481 | N/A |



Listed by: Shelley M Miller • Huff Realty
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1841995
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