There are Zillow listings that cash flow in Ohio... I think?

[Jeff Blair]

I guess I'm still in the category of podcast fan as my wife and I have yet to buy a rental property. We have been listening and reading for a couple years. We have made many offers and even bought and sold 2 houses, but still no rentals. We have taken significant steps to get in position to buy 2 this year (2021) but that is not the purpose of this post. I would like to help someone considering long distance investing. I feel there are cash flowing Zillow listing in the greater Cincinnati Dayton area. Specifically what I will call the southern suburbs and cities of Dayton. Here is a Zillow listing fresh this morning. 974 Stone Ridge Ln, Lebanon Ohio. The Zillow history even shows that it has been rented in 2018 and 2019 for $1500 a month. I think you could get near $1600. The MTI would be around $1000 a month. Just to show this isn't an anomaly here is one a few blocks from where I live. 1021 Crede Way  Waynesville, Ohio 45068. I feel confident it would rent in the same range solid $1500. The low taxes in these two areas combined with the low interest rates are producing cash flowing Zillow listings? If I am wrong about that please don't beat me up I am trying to help someone. I have been tracking rents and sales in the North Cincinnati South Dayton area for the last few years. I am more focused in the areas South of Dayton. Let me know if I can help.

P.S. Just remembered a Cincinnati one this morning 6 bed room within walking distance of Xavier University. That Norwood area is a Cincinnati suburb that is rapidly being revitalized. As a college rental $2500/bedroom/semester it would cash flow? I have not been in the house. Listing in that area get very creative counting bedrooms.