1420 Alexander DrHamiltonOH45013
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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 Hamilton at 1420 Alexander Dr, Hamilton, OH, 45013 offers a 8.6% rental yield on a $485,000 purchase with $3,474/mo rent. Total monthly income registers $3,474/mo, and a $2,374/mo payment leaves $284/mo available for distribution. Annual cash flow reaches $3,403/yr on $160,778 to close, and return on cash invested stands at 22.03% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 114.7% and total cumulative return in cash at $184,418. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,474/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45013, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,792 (100%) |
| Owner Occupied HU | 15,596 (68.4%) |
| Renter Occupied HU | 6,058 (26.6%) |
| Vacant Housing Units | 1,138 ( 5.0%) |
| Median Home Value | $285,700 |
| Average Home Value | $325,318 |
Housing Distribution
Address Breakdown
Residential
22,285
Single Family
20,294
Multi-Family
1,991
Businesses
776
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