2462 River RdCincinnatiOH45204
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2462 River Rd, Cincinnati, OH, 45204 in Cincinnati is priced for appreciation, not yield. Rental yield 3.5%. At $489,900 with a 3.5% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $135,350 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.65) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $71,146.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 6.8% |
| Monthly Cash Flow | $(1,794) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,428 |
| Total Monthly Debt Service | $3,028 |
| DSCR Ratio | 0.47x |
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.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45204, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 958 (31.5%) |
| Renter Occupied HU | 1,505 (49.5%) |
| Vacant Housing Units | 579 (19.0%) |
| Median Home Value | $164,783 |
| Average Home Value | $217,028 |
Housing Distribution
Address Breakdown
Residential
2,790
Single Family
1,686
Multi-Family
1,104
Businesses
136
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
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45204, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 958 (31.5%) |
| Renter Occupied HU | 1,505 (49.5%) |
| Vacant Housing Units | 579 (19.0%) |
| Median Home Value | $164,783 |
| Average Home Value | $217,028 |
Housing Distribution
Address Breakdown
Residential
2,790
Single Family
1,686
Multi-Family
1,104
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joan Elflein • Ohio Broker Direct
Mls Name: Cincy MLS
Mls ID: #1862980