2802 Hyde Park AveCincinnatiOH45209
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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 2802 Hyde Park Ave, Cincinnati, OH, 45209 generates $2,994/mo in rent, after a $2,765/mo payment. Total monthly income is $2,994/mo. Return on cash invested sits at 15.4% in year one, and rental yield is 6.36% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 79.13% and total cumulative return in cash sums $147,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,994/mo property income rather than buyer’s personal income.
Multi Family
Built in 1913
8,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45209, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,559 (100%) |
| Owner Occupied HU | 2,059 (31.4%) |
| Renter Occupied HU | 3,968 (60.5%) |
| Vacant Housing Units | 532 ( 8.1%) |
| Median Home Value | $379,142 |
| Average Home Value | $434,122 |
Housing Distribution
Address Breakdown
Residential
6,813
Single Family
4,018
Multi-Family
2,795
Businesses
696
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Listed by: Terri E. Davis • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1860143