269 W McMicken AveCincinnatiOH45214
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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
Rental property for sale in Cincinnati at 269 W McMicken Ave, Cincinnati, OH, 45214 generates $1,542/mo in rent, after a $1,561/mo payment. Total monthly income is $1,542/mo. Return on cash invested sits at 13.6% in year one, and rental yield is 5.8% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 69.56% and total cumulative return in cash sums $73,561. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,542/mo property income rather than buyer’s personal income.
Multi Family
Built in 1874
6,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45214, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,427 (100%) |
| Owner Occupied HU | 727 (16.4%) |
| Renter Occupied HU | 2,823 (63.8%) |
| Vacant Housing Units | 877 (19.8%) |
| Median Home Value | $122,283 |
| Average Home Value | $222,230 |
Housing Distribution
Address Breakdown
Residential
3,948
Single Family
2,773
Multi-Family
1,175
Businesses
396
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Listed by: Melissa B Hilvert • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1847272