1932 Pater AveHamiltonOH45015
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Hamilton rental at 1932 Pater Ave, Hamilton, OH, 45015 sits in the solid-income band: 11.96% gross yield, $1,104/mo rent, $375/mo net after the $498/mo debt service, DSCR 2.22. Entry price of $110,800 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $30,612 and $1,020/yr in principal reduction bring total cumulative return to $66,396.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.8% |
| Monthly Cash Flow | $375 | $450 |
City averages based on Hamilton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,104 |
| Total Monthly Debt Service | $685 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1946
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45015, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 2,861 (55.4%) |
| Renter Occupied HU | 1,993 (38.6%) |
| Vacant Housing Units | 308 ( 6.0%) |
| Median Home Value | $122,266 |
| Average Home Value | $168,878 |
Housing Distribution
Address Breakdown
Residential
5,041
Single Family
4,744
Multi-Family
297
Businesses
318
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
Single Family
Built in 1946
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45015, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 2,861 (55.4%) |
| Renter Occupied HU | 1,993 (38.6%) |
| Vacant Housing Units | 308 ( 6.0%) |
| Median Home Value | $122,266 |
| Average Home Value | $168,878 |
Housing Distribution
Address Breakdown
Residential
5,041
Single Family
4,744
Multi-Family
297
Businesses
318
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices