1217 Central Ave UNIT 1217CincinnatiOH45214
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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 1217 Central Ave UNIT 1217, Cincinnati, OH, 45214 offers a 5.79% rental yield on a $317,212 purchase with $1,531/mo rent. 56% in year one. Equity gained on principal adds $2,047/yr while 5% annual appreciation supports $87,640 over five years. Portfolio math shows five-year ROI at 69.37% and total cumulative return in cash at $72,952. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,531/mo property income against a $1,553/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1883
0.49 Acres 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: Kimberly K. Mansfield • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1863586