1417 Cedar AveCincinnatiOH45224
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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 1417 Cedar Ave, Cincinnati, OH, 45224 uses $70,278 cash to close to unlock $6,230/yr annual cash flow and $519/mo monthly cash flow. Total monthly income runs $1,914/mo, and a $1,038/mo payment keeps the spread at $519/mo. Purchase price stands at $212,000, and rental yield measures 10.83% with $1,914/mo rent. Return on cash invested shows 28.77% in year one, and 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 150.94% and total cumulative return in cash records $106,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,914/mo property income covering a $1,038/mo payment rather than investor’s personal income.
Multi Family
Built in 1908
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45224, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 5,123 (52.7%) |
| Renter Occupied HU | 3,810 (39.2%) |
| Vacant Housing Units | 787 ( 8.1%) |
| Median Home Value | $229,770 |
| Average Home Value | $256,258 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
6,806
Multi-Family
2,601
Businesses
404
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Listed by: Skip J Koesterman • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1854537