4308 Myrtle AveCincinnatiOH45236
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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 4308 Myrtle Ave, Cincinnati, OH, 45236 offers a 9.08% rental yield on a $124,000 purchase with $938/mo rent. Total monthly income registers $938/mo, and a $607/mo payment leaves $10/mo available for distribution. Annual cash flow reaches $116/yr on $41,106 to close, and return on cash invested stands at 20.19% in year one. Equity gained on principal adds $800/yr while 5% annual appreciation supports $34,259 over five years. Portfolio math shows five-year ROI at 106.09% and total cumulative return in cash at $43,611. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $938/mo property income against a $607/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
N/A 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
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Listed by: Richard Kruse • GryphonUSA.com
Mls Name: My State MLS
Mls ID: #11501978