1242 Ross AveCincinnatiOH45205
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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 1242 Ross Ave, Cincinnati, OH, 45205 uses $36,134 cash to close to unlock $11,706/yr annual cash flow and $976/mo monthly cash flow. Total monthly income runs $1,693/mo, and a $534/mo payment keeps the spread at $976/mo. Purchase price stands at $109,000, and rental yield measures 18.64% with $1,693/mo rent. Return on cash invested shows 52.31% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 277.17% and total cumulative return in cash records $100,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,693/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45205, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,822 (100%) |
| Owner Occupied HU | 2,474 (28.0%) |
| Renter Occupied HU | 5,049 (57.2%) |
| Vacant Housing Units | 1,299 (14.7%) |
| Median Home Value | $116,860 |
| Average Home Value | $194,266 |
Housing Distribution
Address Breakdown
Residential
7,602
Single Family
5,860
Multi-Family
1,742
Businesses
264
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Listed by: Benjamin Wourms • Glasshouse Realty Group
Mls Name: Cincy MLS
Mls ID: #1866828