8429 Strimple RdClevesOH45002
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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 Cleves at 8429 Strimple Rd, Cleves, OH, 45002 generates $1,087/mo in rent, after a $1,394/mo payment. Total monthly income is $1,087/mo. Return on cash invested sits at 9.91% in year one, and rental yield is 4.58% on a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 49.77% and total cumulative return in cash sums $47,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,087/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45002, Cleves, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,908 (100%) |
| Owner Occupied HU | 4,287 (72.6%) |
| Renter Occupied HU | 1,317 (22.3%) |
| Vacant Housing Units | 304 ( 5.1%) |
| Median Home Value | $339,583 |
| Average Home Value | $374,014 |
Housing Distribution
Address Breakdown
Residential
5,775
Single Family
5,125
Multi-Family
650
Businesses
302
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