8570 Comet CtCincinnatiOH45231
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
Rental property for sale in Cincinnati at 8570 Comet Ct, Cincinnati, OH, 45231 offers $2,634/mo rent that, after a $1,121/mo payment, leaves $1,128/mo cash flow. Total monthly income is $2,634/mo, and annual cash flow is $13,530/yr on $75,913 cash. Return on cash invested measures 37.73% in year one, and rental yield stands at 13.8% at a $228,999 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 198.96% and total cumulative return in cash reaches $151,036. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,634/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
10,367 sqft 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: James Stewart • Keller Williams Seven Hills Re
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1819655
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