2907 Iron Oak Ave LOT 33CincinnatiOH45209
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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
Total monthly income runs $2,994/mo, and a $8,756/mo payment. Purchase price stands at $1,789,000, and rental yield measures 2.01% with $2,994/mo rent. Return on cash invested shows 2.21% in year one, and 5% annual appreciation builds toward $494,268 over five years. Five-year ROI reaches 8.34% and total cumulative return in cash records $48,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $8,756/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2,530 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: Michael P Hines • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1862461