252 Stetson St UNIT 204CincinnatiOH45219
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.89% gross rental yield, 252 Stetson St UNIT 204, Cincinnati, OH, 45219 in Cincinnati is priced for capital growth, not immediate cash flow. The $240,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $66,308 by year five, with $2,210/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.09) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $65,634.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.8% |
| Monthly Cash Flow | $(400) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,178 |
| Total Monthly Debt Service | $1,483 |
| DSCR Ratio | 0.79x |
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.
Condo
Built in 2006
10,598 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
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
Condo
Built in 2006
10,598 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chen Xu • OwnerLand Realty, Inc.
Mls Name: Cincy MLS
Mls ID: #1848040