2602 Ardmore AveCincinnatiOH45237
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 2602 Ardmore Ave, Cincinnati, OH, 45237 in Cincinnati: $2,336/mo in rent, $594/mo net, 10.58% gross yield, all on a $264,900 acquisition. The 1.86 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $73,187 in value, and $2,221/yr in principal paydown steadily builds equity. Projected total cumulative return: $134,144.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.8% |
| Monthly Cash Flow | $594 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,336 |
| Total Monthly Debt Service | $1,702 |
| DSCR Ratio | 1.37x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1931
4,181 sqft lot
$N/A/sqft
No HOA
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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
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Listed by: Erin E. Harper • Comey & Shepherd
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1899147
