2008 Colerain AveCincinnatiOH45214
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 2008 Colerain Ave, Cincinnati, OH, 45214 offers a 7.34% rental yield on a $249,000 purchase with $1,524/mo rent. 25% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 94.46% and total cumulative return in cash at $77,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,524/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
1,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45214, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 727 (16.4%) |
| Renter Occupied HU | 2,823 (63.8%) |
| Vacant Housing Units | 877 (19.8%) |
| Median Home Value | $122,283 |
| Average Home Value | $222,230 |
Housing Distribution
Address Breakdown
Residential
3,948
Single Family
2,773
Multi-Family
1,175
Businesses
396
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanya Roesel • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1849550