3042 Percy AveCincinnatiOH45211
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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 3042 Percy Ave, Cincinnati, OH, 45211 offers $844/mo rent that, after a $1,297/mo payment. Total monthly income is $844/mo. Return on cash invested measures 7.63% in year one, and rental yield stands at 3.82% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 37.5% and total cumulative return in cash reaches $32,943. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $844/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1946
5,314 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45211, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,028 (100%) |
| Owner Occupied HU | 8,190 (45.4%) |
| Renter Occupied HU | 8,262 (45.8%) |
| Vacant Housing Units | 1,576 ( 8.7%) |
| Median Home Value | $182,887 |
| Average Home Value | $234,878 |
Housing Distribution
Address Breakdown
Residential
16,769
Single Family
11,096
Multi-Family
5,673
Businesses
910
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Listed by: Michelle M Ellison • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1865094