3764 Grovedale PlCincinnatiOH45208
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 3764 Grovedale Pl, Cincinnati, OH, 45208 in Cincinnati fits: $789,000, 4.97% gross yield, and a projected 5% annual appreciation rate adding $217,986 in value within five years. Rental yield 4.97%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.13) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,267/yr in principal paydown and $217,986 in appreciation project a total return of $223,531.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 6.8% |
| Monthly Cash Flow | $(2,354) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,994 |
| Total Monthly Debt Service | $4,876 |
| DSCR Ratio | 0.82x |
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.
Single Family
Built in N/A
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45208, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,938 (100%) |
| Owner Occupied HU | 5,657 (56.9%) |
| Renter Occupied HU | 3,566 (35.9%) |
| Vacant Housing Units | 715 ( 7.2%) |
| Median Home Value | $507,309 |
| Average Home Value | $616,828 |
Housing Distribution
Address Breakdown
Residential
9,321
Single Family
6,250
Multi-Family
3,071
Businesses
642
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
Single Family
Built in N/A
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45208, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,938 (100%) |
| Owner Occupied HU | 5,657 (56.9%) |
| Renter Occupied HU | 3,566 (35.9%) |
| Vacant Housing Units | 715 ( 7.2%) |
| Median Home Value | $507,309 |
| Average Home Value | $616,828 |
Housing Distribution
Address Breakdown
Residential
9,321
Single Family
6,250
Multi-Family
3,071
Businesses
642
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maggie K Curtis • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1838290