2231 Burnet AveCincinnatiOH45219
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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 2231 Burnet Ave, Cincinnati, OH, 45219 uses $82,875 cash to close to unlock $4,262/yr annual cash flow and $355/mo monthly cash flow. Total monthly income runs $2,000/mo, and a $1,224/mo payment keeps the spread at $355/mo. Purchase price stands at $250,000, and rental yield measures 9.6% with $2,000/mo rent. Return on cash invested shows 25.05% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 130.97% and total cumulative return in cash records $108,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,000/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Multi Family
Built in 1897
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45219, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,211 (100%) |
| Owner Occupied HU | 1,139 (12.4%) |
| Renter Occupied HU | 6,519 (70.8%) |
| Vacant Housing Units | 1,553 (16.9%) |
| Median Home Value | $242,352 |
| Average Home Value | $276,220 |
Housing Distribution
Address Breakdown
Residential
8,355
Single Family
4,943
Multi-Family
3,412
Businesses
535
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Listed by: Z Ann Rowe • Sibcy Cline, Inc.
Mls Name: Cincy MLS
Mls ID: #1862469