2323 Flora StCincinnatiOH45219
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2323 Flora St, Cincinnati, OH, 45219 in Cincinnati. Rental yield 4.46%. At $382,100 with 4.46% gross yield, current distributions are modest, but the 5% appreciation rate projects $105,567 in new equity by year five, complemented by $3,519/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.86) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $79,188.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.5% | 6.8% |
| Monthly Cash Flow | $(1,143) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,482 |
| Total Monthly Debt Service | $2,361 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Apartment
Built in 1910
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Apartment
Built in 1910
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A