Our weekly series of “What can you buy in…” brings us to Cincinnati today. The city along the Ohio River has been pummeled by decreasing home values — like most homes in the U.S. — and is presently showing a 14.4 percent year-over-year drop in home values. Let’s take a look at what you can buy in Cincinnati these days for a mortgage between $1,000 and $4,000.
(Note: These monthly mortgage payment figures are based on a 30-year fixed loan, using the current Ohio mortgage rate, with a 20% down payment. Estimated taxes and insurance are not included).
Monthly mortgage of $500-$1,000/month:
This home at 815 Suire Ave, Cincinnati, OH 45205 (below) has a low monthly payment and has been recently remodeled.
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This sweet little home at 6118 Benneville St, Cincinnati, OH 45230 (below) has a great price tag and lots of yard in both the front and back and a shed behind the house.
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Monthly mortgage of $1,000-$2,000/month:
This newer townhome at 5313 Reserve Cir, Cincinnati, OH 45230 (below) has all the modern details and is located 10 minutes from downtown.
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Built in 1906, this 4-bedroom, 2.5-bathroom home at 2625 Perkins Ln, Cincinnati, OH 45208 (below) has stained glass windows and a lovely fenced backyard.
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Monthly mortgage of $2,000-$4,000/month:
The perfect porch can be found at 2448 Observatory Ave, Cincinnati, OH 45208 (below) and with summer coming up, you’ll be all set. The interior of the home has impeccable detail work and was built in 1895.
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This gorgeous home at 8 Far Hills Dr, Cincinnati, OH 45208 (below) has been almost entirely rebuilt. Inside the home is full of light and the kitchen could rival many on Dueling Digs.
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