1617 Dewey AveCincinnatiOH45205
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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 Cincinnati at 1617 Dewey Ave, Cincinnati, OH, 45205 uses $35,802 cash to close to unlock $1,826/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $863/mo, and a $529/mo payment keeps the spread at $152/mo. Purchase price stands at $108,000, and rental yield measures 9.59% with $863/mo rent. Return on cash invested shows 25.01% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 130.81% and total cumulative return in cash records $46,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $863/mo property income covering a $529/mo payment rather than investor’s personal income.
Single Family
Built in 1927
2,787 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45205, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,822 (100%) |
| Owner Occupied HU | 2,474 (28.0%) |
| Renter Occupied HU | 5,049 (57.2%) |
| Vacant Housing Units | 1,299 (14.7%) |
| Median Home Value | $116,860 |
| Average Home Value | $194,266 |
Housing Distribution
Address Breakdown
Residential
7,602
Single Family
5,860
Multi-Family
1,742
Businesses
264
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Listed by: Sylvia R. Kalker • Hoeting, REALTORS
Mls Name: Cincy MLS
Mls ID: #1854650