2045 1st AveCincinnatiOH45224
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2045 1st Ave, Cincinnati, OH, 45224 in Cincinnati speaks for itself: 11.51% gross on a $170,000 price, generating $1,631/mo in rent and $513/mo in net income after the $764/mo debt service. DSCR 2.13, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,151 stacks alongside $46,968 in projected five-year appreciation and $1,566/yr in principal reduction. Projected total cumulative return: $97,776.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.8% |
| Monthly Cash Flow | $513 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,631 |
| Total Monthly Debt Service | $1,051 |
| DSCR Ratio | 1.55x |
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 1927
2,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45224, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 5,123 (52.7%) |
| Renter Occupied HU | 3,810 (39.2%) |
| Vacant Housing Units | 787 ( 8.1%) |
| Median Home Value | $229,770 |
| Average Home Value | $256,258 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
6,806
Multi-Family
2,601
Businesses
404
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 1927
2,352 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45224, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 5,123 (52.7%) |
| Renter Occupied HU | 3,810 (39.2%) |
| Vacant Housing Units | 787 ( 8.1%) |
| Median Home Value | $229,770 |
| Average Home Value | $256,258 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
6,806
Multi-Family
2,601
Businesses
404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eleazar Contreras • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls ID: #942964