986 Crisfield DrCincinnatiOH45245
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
Investment property for sale in Cincinnati at 986 Crisfield Dr, Cincinnati, OH, 45245 uses $61,328 cash to close to unlock $3,295/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,775/mo, and a $905/mo payment keeps the spread at $275/mo. Purchase price stands at $185,000, and rental yield measures 11.51% with $1,775/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 134.2% and total cumulative return in cash records $82,299. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,775/mo property income covering a $905/mo payment rather than investor’s personal income.
Condo
Built in 1985
540.14 sqft lot
$N/A/sqft
$284 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45245, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,135 (100%) |
| Owner Occupied HU | 5,996 (59.2%) |
| Renter Occupied HU | 3,610 (35.6%) |
| Vacant Housing Units | 529 ( 5.2%) |
| Median Home Value | $308,485 |
| Average Home Value | $318,314 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
7,195
Multi-Family
2,323
Businesses
650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janelle Sprandel • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls Provider:
Mls ID: #931287
Disclaimer: 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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.