1302 Grace AveCincinnatiOH45208
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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 1302 Grace Ave, Cincinnati, OH, 45208 earns from $3,905/mo rent with a $2,932/mo payment. Total monthly income totals $3,905/mo. ROI tracks 19.85% on current figures, and rental yield reads 7.82% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 102.99% and total cumulative return in cash sums $202,954. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,905/mo property income instead of your personal income.
Single Family
Built in 1922
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45208, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,938 (100%) |
| Owner Occupied HU | 5,657 (56.9%) |
| Renter Occupied HU | 3,566 (35.9%) |
| Vacant Housing Units | 715 ( 7.2%) |
| Median Home Value | $507,309 |
| Average Home Value | $616,828 |
Housing Distribution
Address Breakdown
Residential
9,321
Single Family
6,250
Multi-Family
3,071
Businesses
642
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Listed by: Nicholas Rabin • Homeshake.com
Mls Name: My State MLS
Mls ID: #11628262