1113 Bank StCincinnatiOH45214
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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 1113 Bank St, Cincinnati, OH, 45214 uses $63,946 cash to close to unlock $2,463/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $1,474/mo, and a $944/mo payment keeps the spread at $205/mo. Purchase price stands at $192,900, and rental yield measures 9.17% with $1,474/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $53,295 over five years. Five-year ROI reaches 124.06% and total cumulative return in cash records $79,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,474/mo property income covering a $944/mo payment rather than investor’s personal income.
Single Family
Built in 1875
1,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45214, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 727 (16.4%) |
| Renter Occupied HU | 2,823 (63.8%) |
| Vacant Housing Units | 877 (19.8%) |
| Median Home Value | $122,283 |
| Average Home Value | $222,230 |
Housing Distribution
Address Breakdown
Residential
3,948
Single Family
2,773
Multi-Family
1,175
Businesses
396
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Listed by: Joshua Thompson • 3 B Realty Group LLC
Mls Name: Cincy MLS
Mls ID: #1844941