2440 Pleasant AveHamiltonOH45015
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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 2440 Pleasant Ave, Hamilton, OH, 45015 uses $40,775 cash to close to unlock $2,027/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $978/mo, and a $602/mo payment keeps the spread at $169/mo. Purchase price stands at $123,000, and rental yield measures 9.54% with $978/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $33,983 over five years. Five-year ROI reaches 130% and total cumulative return in cash records $53,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $978/mo property income covering a $602/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45015, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,162 (100%) |
| Owner Occupied HU | 2,861 (55.4%) |
| Renter Occupied HU | 1,993 (38.6%) |
| Vacant Housing Units | 308 ( 6.0%) |
| Median Home Value | $122,266 |
| Average Home Value | $168,878 |
Housing Distribution
Address Breakdown
Residential
5,041
Single Family
4,744
Multi-Family
297
Businesses
318
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