820 Compton Rd UNIT 6CincinnatiOH45231
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 820 Compton Rd UNIT 6, Cincinnati, OH, 45231 uses $43,095 cash to close to unlock $10,670/yr annual cash flow and $889/mo monthly cash flow. Total monthly income runs $1,744/mo, and a $636/mo payment keeps the spread at $889/mo. Purchase price stands at $130,000, and rental yield measures 16.1% with $1,744/mo rent. Return on cash invested shows 44.67% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 236.22% and total cumulative return in cash records $101,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,744/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 2000
1.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45231, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,464 (100%) |
| Owner Occupied HU | 11,231 (64.3%) |
| Renter Occupied HU | 5,000 (28.6%) |
| Vacant Housing Units | 1,233 ( 7.1%) |
| Median Home Value | $191,393 |
| Average Home Value | $237,750 |
Housing Distribution
Address Breakdown
Residential
17,605
Single Family
15,086
Multi-Family
2,519
Businesses
807
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abigail Rowold • Redfin Corporation - Cleveland
Mls Name: Cincy MLS
Mls ID: #1854603