2344 Highland 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 2344 Highland Ave, Cincinnati, OH, 45219 uses $71,273 cash to close to unlock $601/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $1,464/mo, and a $1,052/mo payment keeps the spread at $50/mo. Purchase price stands at $215,000, and rental yield measures 8.17% with $1,464/mo rent. Return on cash invested shows 20.75% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 107.93% and total cumulative return in cash records $76,921. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,464/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3,963 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: Denise M Taylor • eXp Realty
Mls Name: Cincy MLS
Mls ID: #1857380