228 Morris AveHamiltonOH45011
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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 Hamilton at 228 Morris Ave, Hamilton, OH, 45011 offers a 9.1% rental yield on a $149,000 purchase with $1,130/mo rent. Total monthly income registers $1,130/mo, and a $729/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,802/yr on $49,394 to close, and return on cash invested stands at 23.56% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 123.01% and total cumulative return in cash at $60,760. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,130/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45011, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,468 (100%) |
| Owner Occupied HU | 19,567 (68.7%) |
| Renter Occupied HU | 7,381 (25.9%) |
| Vacant Housing Units | 1,520 ( 5.3%) |
| Median Home Value | $320,914 |
| Average Home Value | $338,443 |
Housing Distribution
Address Breakdown
Residential
27,133
Single Family
24,750
Multi-Family
2,383
Businesses
1,504
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