2833 Harris AveCincinnatiOH45212
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 2833 Harris Ave, Cincinnati, OH, 45212 uses $81,218 cash to close to unlock $751/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,199/mo payment keeps the spread at $63/mo. Purchase price stands at $245,000, and rental yield measures 8.2% with $1,674/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 108.33% and total cumulative return in cash records $87,984. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Multi Family
Built in 1938
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45212, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 4,701 (41.1%) |
| Renter Occupied HU | 5,620 (49.1%) |
| Vacant Housing Units | 1,122 ( 9.8%) |
| Median Home Value | $254,158 |
| Average Home Value | $282,493 |
Housing Distribution
Address Breakdown
Residential
10,474
Single Family
8,110
Multi-Family
2,364
Businesses
709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Noah Gibby • Plum Tree Realty
Mls Name: Cincy MLS
Mls ID: #1867082