1243 Bates AveCincinnatiOH45225
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1243 Bates Ave, Cincinnati, OH, 45225 in Cincinnati deserves attention. This $275,000 property earns $3,090/mo in rent, a 13.48% gross yield, and nets $1,281/mo after the $1,237/mo payment. DSCR 2.50 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $75,977 compounds alongside $2,533/yr in yearly equity build, for a total cumulative return of $187,203.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 6.8% |
| Monthly Cash Flow | $1,281 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,090 |
| Total Monthly Debt Service | $1,699 |
| DSCR Ratio | 1.82x |
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 1890
2,570 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45225, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,331 (100%) |
| Owner Occupied HU | 682 (15.7%) |
| Renter Occupied HU | 2,958 (68.3%) |
| Vacant Housing Units | 691 (16.0%) |
| Median Home Value | $126,308 |
| Average Home Value | $167,670 |
Housing Distribution
Address Breakdown
Residential
3,769
Single Family
2,366
Multi-Family
1,403
Businesses
244
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 1890
2,570 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45225, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,331 (100%) |
| Owner Occupied HU | 682 (15.7%) |
| Renter Occupied HU | 2,958 (68.3%) |
| Vacant Housing Units | 691 (16.0%) |
| Median Home Value | $126,308 |
| Average Home Value | $167,670 |
Housing Distribution
Address Breakdown
Residential
3,769
Single Family
2,366
Multi-Family
1,403
Businesses
244
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices