224 Dorchester 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
Rental property for sale in Cincinnati at 224 Dorchester Ave, Cincinnati, OH, 45219 priced at $210,000 converts $1,412/mo rent into $31/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,412/mo, and annual cash flow totals $366/yr on $69,615 invested. Return on cash invested prints 20.43% in year one, and rental yield reads 8.07% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 106.21% and total cumulative return in cash sums $73,936. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,412/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1865
5,227 sqft 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: Tracy A. Johns • Howard Hanna Real Estate Svcs
Mls Name: Cincy MLS
Mls ID: #1861764