346 Hyde Park DrHamiltonOH45013
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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 Hamilton at 346 Hyde Park Dr, Hamilton, OH, 45013 priced at $316,000 converts $2,149/mo rent into $70/mo cash flow after a $1,547/mo obligation. Total monthly income equals $2,149/mo, and annual cash flow totals $841/yr on $104,754 invested. Return on cash invested prints 20.71% in year one, and rental yield reads 8.16% against a $316,000 entry. Equity gained on principal adds $2,039/yr, while 5% annual appreciation compiles into $87,305 by year five. Five-year ROI reaches 107.7% and total cumulative return in cash sums $112,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,149/mo property income covering a $1,547/mo payment, not borrower’s personal income.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45013, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,792 (100%) |
| Owner Occupied HU | 15,596 (68.4%) |
| Renter Occupied HU | 6,058 (26.6%) |
| Vacant Housing Units | 1,138 ( 5.0%) |
| Median Home Value | $285,700 |
| Average Home Value | $325,318 |
Housing Distribution
Address Breakdown
Residential
22,285
Single Family
20,294
Multi-Family
1,991
Businesses
776
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