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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cincinnati at 815 Neeb Rd APT 4, Cincinnati, OH, 45233 with 5% annual appreciation on a $169,900 basis while $1,256/mo rent supports operations. 27% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 8.87%. Five-year ROI measures 96.2% and total cumulative return in cash totals $54,182. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,256/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1997
2.45 Acres lot
$N/A/sqft
$215 monthly HOA
Neighborhood data shown for ZIP Code: 45233, Cincinnati, OH area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,860 (100%) |
| Owner Occupied HU | 4,754 (81.1%) |
| Renter Occupied HU | 885 (15.1%) |
| Vacant Housing Units | 221 ( 3.8%) |
| Median Home Value | $294,774 |
| Average Home Value | $328,971 |
Residential
6,061
Single Family
5,499
Multi-Family
562
Businesses
183
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $169,900 |
| 1999-05-13 | Sold | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stephen E Florian • Hoeting, REALTORS
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1838907
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Zillow, Inc. does not display the entire Cincinnati MLS Broker Reciprocity database on this web site. The listings of some real estate brokerage firms have been excluded. Copyright 2025, MLS of Greater Cincinnati, Inc. All rights reserved
