209 Wedgewood AveCincinnatiOH45217
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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 Cincinnati at 209 Wedgewood Ave, Cincinnati, OH, 45217 earns $167/mo cash flow from $1,219/mo rent with a $783/mo payment. Total monthly income totals $1,219/mo, and annual cash flow totals $2,000/yr on $53,040 capital. ROI tracks 23.68% on current figures, and rental yield reads 9.14% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 123.62% and total cumulative return in cash sums $65,570. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,219/mo property income instead of your personal income.
Single Family
Built in 1946
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45217, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 1,625 (49.4%) |
| Renter Occupied HU | 1,355 (41.2%) |
| Vacant Housing Units | 309 ( 9.4%) |
| Median Home Value | $256,143 |
| Average Home Value | $317,374 |
Housing Distribution
Address Breakdown
Residential
2,950
Single Family
2,303
Multi-Family
647
Businesses
214
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Listed by: Arman Muradyan • OwnerLand Realty, Inc.
Mls Name: Cincy MLS
Mls ID: #1860287