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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 8409 Jonfred Ct, Cincinnati, OH, 45231 priced at $260,000 pairs $1,860/mo rent with $149/mo cash flow after a $1,273/mo payment. Total monthly income equals $1,860/mo, and annual cash flow comes to $1,792/yr on $86,190 invested. Return on cash invested is 21.99% in year one, and rental yield stands at 8.58% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 114.52% and total cumulative return in cash reaches $98,705. For financing, Ziffy Mortgage’s DSCR program evaluates $1,860/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45231, Cincinnati, OH area.
| 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 |
Residential
17,605
Single Family
15,086
Multi-Family
2,519
Businesses
807
Date | Event | Price |
|---|---|---|
| 2024-10-13 | Listed for sale | $260,000 |
| 2024-09-30 | Pending sale | $260,000 |
| 2024-09-30 | Listed for sale | $260,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $3554.65 | 18.88% | $62,262 | 51.30% |
| 2022-10-15 | $2990.19 | 0.15% | $41,150 | N/A |
| 2021-10-15 | $2985.63 | N/A | $41,150 | N/A |
What's Special
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Listed by: Jason A Sheppard • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1818559
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