1957 Fairfax AveCincinnatiOH45207
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 1957 Fairfax Ave, Cincinnati, OH, 45207 earns $125/mo cash flow from $980/mo rent with a $636/mo payment. Total monthly income totals $980/mo, and annual cash flow totals $1,504/yr on $43,062 capital. ROI tracks 23.4% on current figures, and rental yield reads 9.05% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 122.19% and total cumulative return in cash sums $52,615. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $980/mo property income instead of your personal income.
Single Family
Built in 1916
3,659 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45207, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,728 (100%) |
| Owner Occupied HU | 967 (35.4%) |
| Renter Occupied HU | 1,226 (44.9%) |
| Vacant Housing Units | 535 (19.6%) |
| Median Home Value | $193,750 |
| Average Home Value | $258,732 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,111
Multi-Family
385
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve L Elbert • Around Town Realty
Mls Name: Cincy MLS
Mls ID: #1847803