297 Ritchie AveCincinnatiOH45215
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 297 Ritchie Ave, Cincinnati, OH, 45215 at $651,600 posts ROI 21.76% with $303/mo cash flow from $4,714/mo rent. Total monthly income equals $4,714/mo, and annual cash flow records $3,639/yr on $214,376 to close. Return on cash invested measures 21.76% and rental yield reads 8.68% at the current $651,600. Equity gained on principal adds $4,205/yr, and 5% annual appreciation supports $180,025 by year five. Five-year ROI prints 113.5% and total cumulative return in cash totals $243,312.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,714/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45215, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,655 (100%) |
| Owner Occupied HU | 6,600 (48.3%) |
| Renter Occupied HU | 5,860 (42.9%) |
| Vacant Housing Units | 1,195 ( 8.8%) |
| Median Home Value | $259,212 |
| Average Home Value | $330,147 |
Housing Distribution
Address Breakdown
Residential
13,367
Single Family
10,522
Multi-Family
2,845
Businesses
1,130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A