1113 Bank StCincinnatiOH45214
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1113 Bank St, Cincinnati, OH, 45214 in Cincinnati is a solid income-producing rental, 9.17% gross yield, $1,474/mo rent, $205/mo net cash flow on a $192,900 buy. DSCR 1.70 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $53,295 and $1,777/yr in principal reduction project a total cumulative return of $86,731.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.8% |
| Monthly Cash Flow | $205 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,474 |
| Total Monthly Debt Service | $1,192 |
| DSCR Ratio | 1.24x |
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.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Thompson • 3 B Realty Group LLC
Mls Name: Cincy MLS
Mls ID: #1844941