3626 Merwin 10 Mile RdCincinnatiOH45245
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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
Investment property for sale in Cincinnati at 3626 Merwin 10 Mile Rd, Cincinnati, OH, 45245 uses $78,731 cash to close to unlock $11,427/yr annual cash flow and $952/mo monthly cash flow. Total monthly income runs $2,514/mo, and a $1,162/mo payment keeps the spread at $952/mo. Purchase price stands at $237,500, and rental yield measures 12.7% with $2,514/mo rent. Return on cash invested shows 34.42% in year one, and 5% annual appreciation builds toward $65,617 over five years. Five-year ROI reaches 181.22% and total cumulative return in cash records $142,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,514/mo property income covering a $1,162/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45245, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,135 (100%) |
| Owner Occupied HU | 5,996 (59.2%) |
| Renter Occupied HU | 3,610 (35.6%) |
| Vacant Housing Units | 529 ( 5.2%) |
| Median Home Value | $308,485 |
| Average Home Value | $318,314 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
7,195
Multi-Family
2,323
Businesses
650
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Listed by: Pamela Smart • Key Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #937029
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.