149 N High 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 149 N High St, Covington, OH, 45318 listed at $249,900 pairs $2,134/mo rent with a $1,223/mo payment to leave $490/mo cash flow. Total monthly income runs $2,134/mo, and annual cash flow reaches $5,884/yr on $82,842 cash to close. Return on cash invested measures 27.01% in year one, and rental yield registers 10.25% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 141.48% and total cumulative return in cash totals $117,206. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,134/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
5,662 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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Listed by: Tiffany Shepherd • Key Realty
Mls Name: WRIST
Mls Provider:
Mls ID: #1035189
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