4249 Kirby AveCincinnatiOH45223
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
Investment Highlights
Investment property for sale in Cincinnati at 4249 Kirby Ave, Cincinnati, OH, 45223 offers a 9.62% rental yield on a $239,400 purchase with $1,920/mo rent. Total monthly income registers $1,920/mo, and a $1,172/mo payment leaves $345/mo available for distribution. Annual cash flow reaches $4,140/yr on $79,361 to close, and return on cash invested stands at 25.13% in year one. Equity gained on principal adds $1,545/yr while 5% annual appreciation supports $66,142 over five years. Portfolio math shows five-year ROI at 131.39% and total cumulative return in cash at $104,274. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,920/mo property income against a $1,172/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
4,094 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45223, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,849 (100%) |
| Owner Occupied HU | 2,598 (37.9%) |
| Renter Occupied HU | 3,483 (50.9%) |
| Vacant Housing Units | 768 (11.2%) |
| Median Home Value | $271,964 |
| Average Home Value | $278,320 |
Housing Distribution
Address Breakdown
Residential
6,547
Single Family
4,448
Multi-Family
2,099
Businesses
372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: M. Doug Spitz • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1853956