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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% |
Rental property for sale in Cincinnati at 829 Neeb Rd APT 5, Cincinnati, OH, 45233 priced at $200,000 converts $1,256/mo rent into after a $979/mo obligation. Total monthly income equals $1,256/mo. Return on cash invested prints 14.85% in year one, and rental yield reads 7.54% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 77.7% and total cumulative return in cash sums $51,512. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,256/mo property income covering a $979/mo payment, not borrower’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
$220 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 |
|---|---|---|
| 2024-09-13 | Listed for sale | $200,000 |
| 2020-09-30 | Sold | $131,500 |
| 2020-08-18 | Pending sale | $124,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ken Perry • Ken Perry Realty, Inc.
Mls Name: Cincy MLS
Mls ID: #1817943
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 2024, MLS of Greater Cincinnati, Inc. All rights reserved The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.
