4251 Leonard AveCincinnatiOH45217
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 4251 Leonard Ave, Cincinnati, OH, 45217 in Cincinnati at $349,900 earns $2,340/mo in rent and nets $38/mo after the $1,573/mo payment, a 8.03% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $96,671 over five years. Ziffy Mortgage underwrites this on a 1.49 DSCR without U.S. credit history. With $3,223/yr in principal paydown, total projected return reaches $135,754.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.8% |
| Monthly Cash Flow | $38 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,340 |
| Total Monthly Debt Service | $2,162 |
| DSCR Ratio | 1.08x |
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.
Multi Family
Built in 1928
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45217, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 1,625 (49.4%) |
| Renter Occupied HU | 1,355 (41.2%) |
| Vacant Housing Units | 309 ( 9.4%) |
| Median Home Value | $256,143 |
| Average Home Value | $317,374 |
Housing Distribution
Address Breakdown
Residential
2,950
Single Family
2,303
Multi-Family
647
Businesses
214
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
Multi Family
Built in 1928
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45217, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,289 (100%) |
| Owner Occupied HU | 1,625 (49.4%) |
| Renter Occupied HU | 1,355 (41.2%) |
| Vacant Housing Units | 309 ( 9.4%) |
| Median Home Value | $256,143 |
| Average Home Value | $317,374 |
Housing Distribution
Address Breakdown
Residential
2,950
Single Family
2,303
Multi-Family
647
Businesses
214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Cincy MLS
Mls ID: #1870209