4305 Myrtle AveCincinnatiOH45236
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 4305 Myrtle Ave, Cincinnati, OH, 45236 in Cincinnati. At $237,500 it earns $1,794/mo in rent and distributes $232/mo to the owner after the $1,068/mo payment, a consistent 9.06% yield. DSCR 1.68 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $65,617 in value; $2,187/yr in principal paydown compounds ownership stake. Total projected return: $105,421.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.8% |
| Monthly Cash Flow | $232 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,794 |
| Total Monthly Debt Service | $1,468 |
| DSCR Ratio | 1.22x |
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 1936
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45236, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,121 (100%) |
| Owner Occupied HU | 7,267 (60.0%) |
| Renter Occupied HU | 3,912 (32.3%) |
| Vacant Housing Units | 942 ( 7.8%) |
| Median Home Value | $238,210 |
| Average Home Value | $307,626 |
Housing Distribution
Address Breakdown
Residential
11,922
Single Family
8,941
Multi-Family
2,981
Businesses
1,164
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 1936
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45236, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,121 (100%) |
| Owner Occupied HU | 7,267 (60.0%) |
| Renter Occupied HU | 3,912 (32.3%) |
| Vacant Housing Units | 942 ( 7.8%) |
| Median Home Value | $238,210 |
| Average Home Value | $307,626 |
Housing Distribution
Address Breakdown
Residential
11,922
Single Family
8,941
Multi-Family
2,981
Businesses
1,164
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maggie K Curtis • Coldwell Banker Realty
Mls Name: Cincy MLS
Mls ID: #1862356