3418 Millrich AveCincinnatiOH45211
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 3418 Millrich Ave, Cincinnati, OH, 45211 at $217,000 posts ROI 21.14% with $74/mo cash flow from $1,501/mo rent. Total monthly income equals $1,501/mo, and annual cash flow records $885/yr on $71,936 to close. Return on cash invested measures 21.14% and rental yield reads 8.3% at the current $217,000. Equity gained on principal adds $1,400/yr, and 5% annual appreciation supports $59,953 by year five. Five-year ROI prints 109.96% and total cumulative return in cash totals $79,097.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,501/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
5,575 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: Alexander Schafers • RE/MAX United Associates
Mls Name: Cincy MLS
Mls ID: #1857037