3908 Edwards Rd #CCincinnatiOH45209
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 3908 Edwards Rd #C, Cincinnati, OH, 45209 in Cincinnati worth study. Rental yield 3.4%. The 3.4% gross yield is below cash-flow benchmarks at $745,900, but 5% annual appreciation, adding $206,078 over five years, frames this as a capital growth position. Rent of $2,116/mo partially offsets the $3,354/mo payment. Ziffy Mortgage finances appreciation-play properties (0.63 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $104,558.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 6.8% |
| Monthly Cash Flow | $(2,981) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,116 |
| Total Monthly Debt Service | $4,610 |
| DSCR Ratio | 0.46x |
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.
Townhouse
Built in 2024
1,289 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45209, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,559 (100%) |
| Owner Occupied HU | 2,059 (31.4%) |
| Renter Occupied HU | 3,968 (60.5%) |
| Vacant Housing Units | 532 ( 8.1%) |
| Median Home Value | $379,142 |
| Average Home Value | $434,122 |
Housing Distribution
Address Breakdown
Residential
6,813
Single Family
4,018
Multi-Family
2,795
Businesses
696
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
Townhouse
Built in 2024
1,289 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45209, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,559 (100%) |
| Owner Occupied HU | 2,059 (31.4%) |
| Renter Occupied HU | 3,968 (60.5%) |
| Vacant Housing Units | 532 ( 8.1%) |
| Median Home Value | $379,142 |
| Average Home Value | $434,122 |
Housing Distribution
Address Breakdown
Residential
6,813
Single Family
4,018
Multi-Family
2,795
Businesses
696
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glen Whitten • Ohio Property Group, LLC
Mls Name: Cincy MLS
Mls ID: #1868876