3659 Alaska AveCincinnatiOH45229
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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 3659 Alaska Ave, Cincinnati, OH, 45229 offers a 12.37% rental yield on a $169,000 purchase with $1,742/mo rent. Total monthly income registers $1,742/mo, and a $827/mo payment leaves $631/mo available for distribution. Annual cash flow reaches $7,566/yr on $56,024 to close, and return on cash invested stands at 33.41% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 175.8% and total cumulative return in cash at $98,491. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,742/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1924
4,181 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
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Listed by: Sami K. Kassem • ERA REAL Solutions Realty. LLC
Mls Name: Cincy MLS
Mls ID: #1832087