133 W Broadway StCovingtonOH45318
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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 Covington at 133 W Broadway St, Covington, OH, 45318 uses $50,686 cash to close to unlock $2,599/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,222/mo, and a $748/mo payment keeps the spread at $217/mo. Purchase price stands at $152,900, and rental yield measures 9.59% with $1,222/mo rent. Return on cash invested shows 25.04% in year one, and 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 130.88% and total cumulative return in cash records $66,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,222/mo property income covering a $748/mo payment rather than investor’s personal income.
Single Family
Built in 1923
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45318, Covington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,275 (100%) |
| Owner Occupied HU | 1,646 (72.4%) |
| Renter Occupied HU | 468 (20.6%) |
| Vacant Housing Units | 161 ( 7.1%) |
| Median Home Value | $260,880 |
| Average Home Value | $316,973 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,169
Multi-Family
0
Businesses
164
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