2914 Queen City AveCincinnatiOH45238
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
Rental property for sale in Cincinnati at 2914 Queen City Ave, Cincinnati, OH, 45238 generates $1,708/mo in rent and, after a $1,121/mo payment, leaves $202/mo in cash flow. Total monthly income is $1,708/mo, and annual cash flow is $2,418/yr on $75,914 invested. Return on cash invested sits at 23.09% in year one, and rental yield is 8.95% on a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 120.47% and total cumulative return in cash sums $91,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,708/mo property income rather than buyer’s personal income.
Multi Family
Built in 1941
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45238, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,687 (100%) |
| Owner Occupied HU | 11,429 (58.1%) |
| Renter Occupied HU | 6,901 (35.1%) |
| Vacant Housing Units | 1,357 ( 6.9%) |
| Median Home Value | $205,576 |
| Average Home Value | $257,391 |
Housing Distribution
Address Breakdown
Residential
19,820
Single Family
14,161
Multi-Family
5,659
Businesses
651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Attewell • Keller Williams Seven Hills Re
Mls Name: Cincy MLS
Mls ID: #1854418