4304 Grove AveCincinnatiOH45227
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 4304 Grove Ave, Cincinnati, OH, 45227 offers a 9.25% rental yield on a $245,000 purchase with $1,888/mo rent. Total monthly income registers $1,888/mo, and a $1,199/mo payment leaves $277/mo available for distribution. Annual cash flow reaches $3,319/yr on $81,218 to close, and return on cash invested stands at 24% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 125.28% and total cumulative return in cash at $101,748. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,888/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
5,052 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45227, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,542 (100%) |
| Owner Occupied HU | 4,818 (50.5%) |
| Renter Occupied HU | 3,834 (40.2%) |
| Vacant Housing Units | 890 ( 9.3%) |
| Median Home Value | $306,148 |
| Average Home Value | $442,509 |
Housing Distribution
Address Breakdown
Residential
9,396
Single Family
6,956
Multi-Family
2,440
Businesses
747
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rogier Slingerland • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1854003