1054 Steamboat DrCincinnatiOH45244
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1054 Steamboat Dr, Cincinnati, OH, 45244 in Cincinnati. At $294,200 it earns $2,154/mo in rent and distributes $219/mo to the owner after the $1,323/mo payment, a consistent 8.79% yield. DSCR 1.63 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $81,282 in value; $2,710/yr in principal paydown compounds ownership stake. Total projected return: $126,128.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 6.8% |
| Monthly Cash Flow | $219 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,154 |
| Total Monthly Debt Service | $1,818 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45244, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,079 (100%) |
| Owner Occupied HU | 8,533 (77.0%) |
| Renter Occupied HU | 2,008 (18.1%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $395,780 |
| Average Home Value | $418,228 |
Housing Distribution
Address Breakdown
Residential
11,117
Single Family
9,808
Multi-Family
1,309
Businesses
444
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
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45244, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,079 (100%) |
| Owner Occupied HU | 8,533 (77.0%) |
| Renter Occupied HU | 2,008 (18.1%) |
| Vacant Housing Units | 538 ( 4.9%) |
| Median Home Value | $395,780 |
| Average Home Value | $418,228 |
Housing Distribution
Address Breakdown
Residential
11,117
Single Family
9,808
Multi-Family
1,309
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A