1321 Bates AveCincinnatiOH45225
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1321 Bates Ave, Cincinnati, OH, 45225 in Cincinnati at $180,000 earns $1,230/mo in rent and nets $46/mo after the $809/mo payment, a 8.2% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $49,731 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $1,658/yr in principal paydown, total projected return reaches $71,539.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.8% |
| Monthly Cash Flow | $46 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,230 |
| Total Monthly Debt Service | $1,112 |
| DSCR Ratio | 1.11x |
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 1910
2,526 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 1910
2,526 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
Listed by: N/A • N/A
Mls Name: Cincy MLS
Mls ID: #1871656