208 Walnut StSeven MileOH45062
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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 Seven Mile at 208 Walnut St, Seven Mile, OH, 45062 uses $74,588 cash to close to unlock $2,619/yr annual cash flow and $218/mo monthly cash flow. Total monthly income runs $1,698/mo, and a $1,101/mo payment keeps the spread at $218/mo. Purchase price stands at $225,000, and rental yield measures 9.06% with $1,698/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 122.22% and total cumulative return in cash records $91,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,698/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45062, Seven Mile, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 127 (100%) |
| Owner Occupied HU | 94 (74.0%) |
| Renter Occupied HU | 18 (14.2%) |
| Vacant Housing Units | 15 (11.8%) |
| Median Home Value | $60,000 |
| Average Home Value | $117,420 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
31
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Listed by: Tracy R Wieland • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1847113