116 Pike StCincinnatiOH45215
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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
Rental property for sale in Cincinnati at 116 Pike St, Cincinnati, OH, 45215 offers $1,307/mo rent that, after a $1,277/mo payment. Total monthly income is $1,307/mo. Return on cash invested measures 14.23% in year one, and rental yield stands at 6.01% at a $261,000 entry. Equity gained on principal adds $1,684/yr while 5% annual appreciation compounds into $72,109 by year five. Five-year ROI records 72.92% and total cumulative return in cash reaches $63,091. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,307/mo property income versus a $1,277/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45215, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,655 (100%) |
| Owner Occupied HU | 6,600 (48.3%) |
| Renter Occupied HU | 5,860 (42.9%) |
| Vacant Housing Units | 1,195 ( 8.8%) |
| Median Home Value | $259,212 |
| Average Home Value | $330,147 |
Housing Distribution
Address Breakdown
Residential
13,367
Single Family
10,522
Multi-Family
2,845
Businesses
1,130
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Listed by: Tim A Cox • The Six Realty, LLC
Mls Name: Cincy MLS
Mls ID: #1852305