8613 Noelle DrColerain TownshipOH45246
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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
Investment property for sale in Colerain Township at 8613 Noelle Dr, Colerain Township, OH, 45246 uses $136,538 cash to close to unlock $248/yr annual cash flow and $21/mo monthly cash flow. Total monthly income runs $2,730/mo, and a $2,016/mo payment keeps the spread at $21/mo. Purchase price stands at $411,880, and rental yield measures 7.95% with $2,730/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $113,795 over five years. Five-year ROI reaches 104.33% and total cumulative return in cash records $142,454. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,730/mo property income covering a $2,016/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45246, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,207 (100%) |
| Owner Occupied HU | 3,498 (48.5%) |
| Renter Occupied HU | 3,202 (44.4%) |
| Vacant Housing Units | 507 ( 7.0%) |
| Median Home Value | $227,379 |
| Average Home Value | $280,407 |
Housing Distribution
Address Breakdown
Residential
7,076
Single Family
5,502
Multi-Family
1,574
Businesses
1,536
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Listed by: N/A • Maronda Homes
Mls Name: Maronda Homes
Mls Provider:
Mls ID: #N/A