328 Oliver StCovingtonOH45318
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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 Covington at 328 Oliver St, Covington, OH, 45318 offers a 11.42% rental yield on a $159,500 purchase with $1,518/mo rent. Total monthly income registers $1,518/mo, and a $781/mo payment leaves $469/mo available for distribution. Annual cash flow reaches $5,622/yr on $52,874 to close, and return on cash invested stands at 30.54% in year one. Equity gained on principal adds $1,029/yr while 5% annual appreciation supports $44,067 over five years. Portfolio math shows five-year ROI at 160.41% and total cumulative return in cash at $84,817. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,518/mo property income against a $781/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45318, Covington, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,275 (100%) |
| Owner Occupied HU | 1,646 (72.4%) |
| Renter Occupied HU | 468 (20.6%) |
| Vacant Housing Units | 161 ( 7.1%) |
| Median Home Value | $260,880 |
| Average Home Value | $316,973 |
Housing Distribution
Address Breakdown
Residential
2,169
Single Family
2,169
Multi-Family
0
Businesses
164
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