27 Mercer St #4CincinnatiOH45202
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
Investment Highlights
Investment property for sale in Cincinnati at 27 Mercer St #4, Cincinnati, OH, 45202 uses $189,175 cash to close to unlock $17,665/yr annual cash flow and $1,472/mo monthly cash flow. Total monthly income runs $5,254/mo, and a $2,814/mo payment keeps the spread at $1,472/mo. Purchase price stands at $575,000, and rental yield measures 10.96% with $5,254/mo rent. Return on cash invested shows 29.4% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 154.22% and total cumulative return in cash records $291,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,254/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Condo
Built in 1880
5,976 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45202, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,395 (100%) |
| Owner Occupied HU | 2,260 (16.9%) |
| Renter Occupied HU | 8,730 (65.2%) |
| Vacant Housing Units | 2,405 (18.0%) |
| Median Home Value | $474,559 |
| Average Home Value | $553,239 |
Housing Distribution
Address Breakdown
Residential
11,809
Single Family
3,714
Multi-Family
8,095
Businesses
2,419
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dustin Walters • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1856792