1615 Chase Ave UNIT 3ECincinnatiOH45223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowA DSCR of 1.88 makes 1615 Chase Ave UNIT 3E, Cincinnati, OH, 45223 in Cincinnati one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 10.17%. The 10.17% yield, 5% annual appreciation ($52,217 over five years), and $1,741/yr in principal reduction project a total cumulative return of $52,943.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.8% |
| Monthly Cash Flow | $(344) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,602 |
| Total Monthly Debt Service | $1,871 |
| DSCR Ratio | 0.86x |
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 1880
N/A lot
$N/A/sqft
$668 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45223, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,849 (100%) |
| Owner Occupied HU | 2,598 (37.9%) |
| Renter Occupied HU | 3,483 (50.9%) |
| Vacant Housing Units | 768 (11.2%) |
| Median Home Value | $271,964 |
| Average Home Value | $278,320 |
Housing Distribution
Address Breakdown
Residential
6,547
Single Family
4,448
Multi-Family
2,099
Businesses
372
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 1880
N/A lot
$N/A/sqft
$668 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45223, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,849 (100%) |
| Owner Occupied HU | 2,598 (37.9%) |
| Renter Occupied HU | 3,483 (50.9%) |
| Vacant Housing Units | 768 (11.2%) |
| Median Home Value | $271,964 |
| Average Home Value | $278,320 |
Housing Distribution
Address Breakdown
Residential
6,547
Single Family
4,448
Multi-Family
2,099
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices