1653 Westmoreland AveCincinnatiOH45223
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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
Rental property for sale in Cincinnati at 1653 Westmoreland Ave, Cincinnati, OH, 45223 generates $2,351/mo in rent and, after a $1,708/mo payment, leaves $56/mo in cash flow. Total monthly income is $2,351/mo, and annual cash flow is $666/yr on $115,694 invested. Return on cash invested sits at 20.48% in year one, and rental yield is 8.08% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 106.45% and total cumulative return in cash sums $123,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,351/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
6,185 sqft lot
$N/A/sqft
No 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
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Listed by: Robert DiTomassi • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1859574