2779 Redfield PlCincinnatiOH45230
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2779 Redfield Pl, Cincinnati, OH, 45230 in Cincinnati hard to pass up. The 10.1% gross yield on a $284,900 purchase results in $2,399/mo in rent and $525/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.87). Annual cash flow of $6,297, five-year appreciation of $78,713, and $2,624/yr in equity build-up combine for a projected total cumulative return of $142,334.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.8% |
| Monthly Cash Flow | $525 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,399 |
| Total Monthly Debt Service | $1,761 |
| DSCR Ratio | 1.36x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1947
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45230, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,589 (66.4%) |
| Renter Occupied HU | 3,480 (26.9%) |
| Vacant Housing Units | 861 ( 6.7%) |
| Median Home Value | $303,619 |
| Average Home Value | $363,328 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
9,898
Multi-Family
2,622
Businesses
530
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 1947
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45230, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,589 (66.4%) |
| Renter Occupied HU | 3,480 (26.9%) |
| Vacant Housing Units | 861 ( 6.7%) |
| Median Home Value | $303,619 |
| Average Home Value | $363,328 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
9,898
Multi-Family
2,622
Businesses
530
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leann M Starks • RE/MAX Preferred Group
Mls Name: Cincy MLS
Mls ID: #1867582