11971 Olde Dominion Dr UNIT 7CincinnatiOH45249
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 11971 Olde Dominion Dr UNIT 7, Cincinnati, OH, 45249 in Cincinnati: $2,112/mo in rent, $521/mo net, 10.48% gross yield, all on a $241,900 acquisition. The 1.94 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $66,833 in value, and $2,228/yr in principal paydown steadily builds equity. Projected total cumulative return: $125,646.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.8% |
| Monthly Cash Flow | $521 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,112 |
| Total Monthly Debt Service | $1,495 |
| DSCR Ratio | 1.41x |
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.
Condo
Built in 1996
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45249, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,623 (100%) |
| Owner Occupied HU | 3,557 (63.3%) |
| Renter Occupied HU | 1,673 (29.8%) |
| Vacant Housing Units | 393 ( 7.0%) |
| Median Home Value | $493,600 |
| Average Home Value | $528,777 |
Housing Distribution
Address Breakdown
Residential
5,790
Single Family
4,248
Multi-Family
1,542
Businesses
805
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
Condo
Built in 1996
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45249, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,623 (100%) |
| Owner Occupied HU | 3,557 (63.3%) |
| Renter Occupied HU | 1,673 (29.8%) |
| Vacant Housing Units | 393 ( 7.0%) |
| Median Home Value | $493,600 |
| Average Home Value | $528,777 |
Housing Distribution
Address Breakdown
Residential
5,790
Single Family
4,248
Multi-Family
1,542
Businesses
805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Peterson • Luma Realty
Mls Name: DABR MLS
Mls ID: #945953