1770 E McMillan St #2CincinnatiOH45206
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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 1770 E McMillan St #2, Cincinnati, OH, 45206 offers a 6.04% rental yield on a $500,000 purchase with $2,518/mo rent. 33% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 73.44% and total cumulative return in cash at $121,724. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,518/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1880
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45206, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,313 (100%) |
| Owner Occupied HU | 1,854 (25.4%) |
| Renter Occupied HU | 4,367 (59.7%) |
| Vacant Housing Units | 1,092 (14.9%) |
| Median Home Value | $341,509 |
| Average Home Value | $445,109 |
Housing Distribution
Address Breakdown
Residential
7,002
Single Family
3,267
Multi-Family
3,735
Businesses
580
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Listed by: Yvonne Scheiderer • Anderson Office
Mls Name: Huff Realty
Mls ID: #1854536