1615 Chase Ave UNIT 3ECincinnatiOH45223
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
Investment Highlights
Investment property for sale in Cincinnati at 1615 Chase Ave UNIT 3E, Cincinnati, OH, 45223 listed at $189,000 pairs $1,602/mo rent with a $925/mo payment. Total monthly income runs $1,602/mo. Return on cash invested measures 13.32% in year one, and rental yield registers 10.17% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 72.97% and total cumulative return in cash totals $45,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,602/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Listed by: Scott Fader • Joseph Walter Realty, LLC
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1820824
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Zillow, Inc. does not display the entire Cincinnati MLS Broker Reciprocity database on this web site. The listings of some real estate brokerage firms have been excluded. Copyright 2024, MLS of Greater Cincinnati, Inc. All rights reserved