245 West StNew ViennaOH45159
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 245 West St, New Vienna, OH, 45159 in New Vienna speaks for itself: 12.67% gross on a $163,000 price, generating $1,721/mo in rent and $649/mo in net income after the $733/mo debt service. DSCR 2.35, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,783 stacks alongside $45,034 in projected five-year appreciation and $1,501/yr in principal reduction. Projected total cumulative return: $103,853.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.7% | 6.2% |
| Monthly Cash Flow | $649 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,721 |
| Total Monthly Debt Service | $1,007 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45159, New Vienna, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,389 (100%) |
| Owner Occupied HU | 1,002 (72.1%) |
| Renter Occupied HU | 306 (22.0%) |
| Vacant Housing Units | 81 ( 5.8%) |
| Median Home Value | $199,000 |
| Average Home Value | $255,294 |
Housing Distribution
Address Breakdown
Residential
1,219
Single Family
1,184
Multi-Family
35
Businesses
47
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
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45159, New Vienna, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,389 (100%) |
| Owner Occupied HU | 1,002 (72.1%) |
| Renter Occupied HU | 306 (22.0%) |
| Vacant Housing Units | 81 ( 5.8%) |
| Median Home Value | $199,000 |
| Average Home Value | $255,294 |
Housing Distribution
Address Breakdown
Residential
1,219
Single Family
1,184
Multi-Family
35
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leah Grant • Falgner Realty LLC
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1839817
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Zillow, Inc. does not display the entire Cincinnati MLS Broker Reciprocity database on this web site. The listings of some real estate brokerage firms have been excluded. Copyright 2025, MLS of Greater Cincinnati, Inc. All rights reserved