8119 Witts Meadow LnCincinnatiOH45255
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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 8119 Witts Meadow Ln, Cincinnati, OH, 45255 offers a 11.16% rental yield on a $254,900 purchase with $2,371/mo rent. Total monthly income registers $2,371/mo, and a $1,248/mo payment leaves $694/mo available for distribution. Annual cash flow reaches $8,327/yr on $84,499 to close, and return on cash invested stands at 29.76% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,424 over five years. Portfolio math shows five-year ROI at 156.2% and total cumulative return in cash at $131,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,371/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1995
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45255, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,946 (100%) |
| Owner Occupied HU | 6,636 (66.7%) |
| Renter Occupied HU | 2,660 (26.7%) |
| Vacant Housing Units | 650 ( 6.5%) |
| Median Home Value | $306,706 |
| Average Home Value | $356,974 |
Housing Distribution
Address Breakdown
Residential
9,785
Single Family
8,154
Multi-Family
1,631
Businesses
680
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Listed by: Sue M Miller • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1863232