| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 46th | Fair |
| Demographics | 31st | Poor |
| Amenities | 24th | Good |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3972 Yearling Ct, Cincinnati, OH, 45211, US |
| Region / Metro | Cincinnati |
| Year of Construction | 1977 |
| Units | 28 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
3972 Yearling Ct Cincinnati 28-Unit Multifamily Investment
High renter concentration in the surrounding neighborhood supports a deep tenant base with occupancy near the metro median, according to WDSuite’s CRE market data. A 1977 vintage positions the asset competitively versus older local stock while leaving room for targeted upgrades.
Located in an inner-suburb pocket of Cincinnati (Neighborhood rating: C), the property sits in a submarket where renter-occupied housing is prevalent. The neighborhood’s share of renter-occupied units is high (71.7%), indicating a sizable tenant pool and reinforcing demand for multifamily housing. Neighborhood occupancy is around 91% and tracks near the national midpoint, suggesting generally stable leasing conditions rather than an oversupplied environment.
Within a 3-mile radius, demographics point to a steady renter base today and potential expansion ahead. While recent population was essentially flat, household counts edged up and are projected to grow meaningfully by 2028, implying a larger tenant base and support for occupancy stability. Median incomes have improved, and forecast household income growth should help absorb rent increases over time. This perspective is grounded in WDSuite’s multifamily property research for the area.
Daily-needs access is balanced: grocery and park availability outperforms many neighborhoods nationally (both above the 60th percentile), while cafes, restaurants, childcare, and pharmacies are relatively sparse. Average school ratings in the neighborhood are on the low end, which may temper appeal for some family renters but is less likely to affect demand for workforce-oriented units.
For investors, ownership costs in the area remain a consideration. Neighborhood home values are modest in absolute terms, yet the value-to-income ratio sits in a higher national percentile, which can sustain renter reliance on apartments and support lease retention. At the same time, a neighborhood-level rent-to-income ratio near 0.30 signals some affordability pressure; proactive renewal strategies and expense discipline can help maintain pricing power without elevating turnover risk.
Vintage is a relative advantage: the property’s 1977 construction is newer than the neighborhood’s average 1956 vintage. That positioning can improve competitiveness versus older stock, though investors should still plan for systems upgrades and selective renovations to meet current renter expectations and to enhance unit-level performance.
Safety indicators for the neighborhood trail broader benchmarks. The area ranks 341 out of 611 Cincinnati metro neighborhoods for crime, which is below the metro median and indicates comparatively higher reported crime levels. Nationally, safety percentiles are on the lower end, signaling that investors should underwrite added focus on lighting, access controls, and resident engagement to support retention.
Recent trends are mixed: property offenses show an estimated 1-year decrease of about 7%, while violent offense estimates increased year over year. These movements underscore the importance of active management and partnership with local resources. As always, conditions vary block to block, so property-specific measures and on-site operations will be key to resident experience.
Proximity to established corporate employers supports workforce housing demand and commute convenience. Nearby anchors include Kroger, Procter & Gamble, Macy’s, Humana, and Fifth Third Bancorp, providing diversified white-collar and service employment nodes within a short drive.
- Kroger — corporate offices (4.7 miles) — HQ
- Procter & Gamble Co. — corporate offices (4.8 miles)
- Macy's — corporate offices (4.9 miles) — HQ
- Humana — corporate offices (5.0 miles)
- Fifth Third Bancorp — banking headquarters (5.1 miles) — HQ
This 28-unit asset offers exposure to a renter-heavy Cincinnati neighborhood where occupancy trends sit near the national midpoint and the renter pool is substantial. The 1977 vintage is newer than much of the surrounding stock, creating a competitive position for lease-up and renewals, while still leaving room for targeted modernization and operational improvements. According to commercial real estate analysis from WDSuite, the neighborhood’s ownership costs relative to income support sustained renter demand, and 3-mile forecasts point to increases in households by 2028 that can expand the tenant base.
Operational focus should balance rent growth with retention. Neighborhood-level rent-to-income signals some affordability pressure, and safety metrics lag metro norms, so underwriting should prioritize resident experience, security, and cost control alongside unit upgrades. Proximity to multiple regional employers supports leasing velocity and renewal potential across economic cycles.
- Large renter pool and neighborhood occupancy near the national midpoint support demand stability
- 1977 vintage is newer than local stock, with value-add potential through targeted renovations
- 3-mile forecasts show household growth by 2028, expanding the tenant base and supporting absorption
- Close to major employers (Kroger, P&G, Fifth Third) aiding leasing and retention
- Risks: below-median safety and affordability pressure require proactive management and renewal strategy