412 Elberon AveCincinnatiOH45205
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.26% yield at 412 Elberon Ave, Cincinnati, OH, 45205 in Cincinnati is solid, but the $522/mo payment compresses net cash flow to $132/mo at $116,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $32,049 by year five, and $1,068/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.71) without U.S. income documentation. Total projected return: $52,659.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.8% |
| Monthly Cash Flow | $132 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $895 |
| Total Monthly Debt Service | $717 |
| DSCR Ratio | 1.25x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1900
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45205, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,822 (100%) |
| Owner Occupied HU | 2,474 (28.0%) |
| Renter Occupied HU | 5,049 (57.2%) |
| Vacant Housing Units | 1,299 (14.7%) |
| Median Home Value | $116,860 |
| Average Home Value | $194,266 |
Housing Distribution
Address Breakdown
Residential
7,602
Single Family
5,860
Multi-Family
1,742
Businesses
264
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 1900
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45205, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,822 (100%) |
| Owner Occupied HU | 2,474 (28.0%) |
| Renter Occupied HU | 5,049 (57.2%) |
| Vacant Housing Units | 1,299 (14.7%) |
| Median Home Value | $116,860 |
| Average Home Value | $194,266 |
Housing Distribution
Address Breakdown
Residential
7,602
Single Family
5,860
Multi-Family
1,742
Businesses
264
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen M Maxwell • Weybridge Realty, LLC
Mls Name: Cincy MLS
Mls ID: #1847916