839 Summerfield LnCincinnatiOH45240
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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
Rental property for sale in Cincinnati at 839 Summerfield Ln, Cincinnati, OH, 45240 generates $3,180/mo in rent and, after a $1,933/mo payment, leaves $582/mo in cash flow. Total monthly income is $3,180/mo, and annual cash flow is $6,985/yr on $130,943 invested. Return on cash invested sits at 25.24% in year one, and rental yield is 9.66% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 131.98% and total cumulative return in cash sums $172,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,180/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45240, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,031 (100%) |
| Owner Occupied HU | 6,627 (60.1%) |
| Renter Occupied HU | 3,927 (35.6%) |
| Vacant Housing Units | 477 ( 4.3%) |
| Median Home Value | $210,500 |
| Average Home Value | $243,111 |
Housing Distribution
Address Breakdown
Residential
10,965
Single Family
8,801
Multi-Family
2,164
Businesses
593
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Listed by: James E Pitzer III • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1866676