1420 Race StCincinnatiOH45202
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 1420 Race St, Cincinnati, OH, 45202 in Cincinnati fits: $790,000, 2.73% gross yield, and a projected 5% annual appreciation rate adding $218,262 in value within five years. Rental yield 2.73%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.51) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,276/yr in principal paydown and $218,262 in appreciation project a total return of $82,391.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 6.8% |
| Monthly Cash Flow | $(3,726) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $4,882 |
| DSCR Ratio | 0.37x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Townhouse
Built in 1870
7,988 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45202, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,395 (100%) |
| Owner Occupied HU | 2,260 (16.9%) |
| Renter Occupied HU | 8,730 (65.2%) |
| Vacant Housing Units | 2,405 (18.0%) |
| Median Home Value | $474,559 |
| Average Home Value | $553,239 |
Housing Distribution
Address Breakdown
Residential
11,809
Single Family
3,714
Multi-Family
8,095
Businesses
2,419
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
Townhouse
Built in 1870
7,988 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45202, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,395 (100%) |
| Owner Occupied HU | 2,260 (16.9%) |
| Renter Occupied HU | 8,730 (65.2%) |
| Vacant Housing Units | 2,405 (18.0%) |
| Median Home Value | $474,559 |
| Average Home Value | $553,239 |
Housing Distribution
Address Breakdown
Residential
11,809
Single Family
3,714
Multi-Family
8,095
Businesses
2,419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Cincy MLS
Mls ID: #1871853