3440 Harvey AveCincinnatiOH45229
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3440 Harvey Ave, Cincinnati, OH, 45229 in Cincinnati is capital appreciation. Rental yield 2.98%. The 2.98% gross yield at $524,900 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $145,020 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.55) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $61,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 6.8% |
| Monthly Cash Flow | $(2,148) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,304 |
| Total Monthly Debt Service | $3,244 |
| DSCR Ratio | 0.40x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1908
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45229, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,063 (100%) |
| Owner Occupied HU | 1,655 (23.4%) |
| Renter Occupied HU | 4,095 (58.0%) |
| Vacant Housing Units | 1,313 (18.6%) |
| Median Home Value | $330,983 |
| Average Home Value | $374,802 |
Housing Distribution
Address Breakdown
Residential
6,304
Single Family
2,989
Multi-Family
3,315
Businesses
308
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
Multi Family
Built in 1908
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45229, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,063 (100%) |
| Owner Occupied HU | 1,655 (23.4%) |
| Renter Occupied HU | 4,095 (58.0%) |
| Vacant Housing Units | 1,313 (18.6%) |
| Median Home Value | $330,983 |
| Average Home Value | $374,802 |
Housing Distribution
Address Breakdown
Residential
6,304
Single Family
2,989
Multi-Family
3,315
Businesses
308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark J Rankin • Keller Williams Seven Hills Re
Mls Name: Cincy MLS
Mls ID: #1857502