45 Damon RdCincinnatiOH45218
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Cincinnati rentals match the income profile of 45 Damon Rd, Cincinnati, OH, 45218. Listed at $264,000, gross rent is $2,627/mo and net cash flow is $890/mo, a 11.94% yield well above national averages. DSCR 2.21 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $72,938 by year five with $2,431/yr in annual principal reduction, projecting $157,887 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.8% |
| Monthly Cash Flow | $890 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,627 |
| Total Monthly Debt Service | $1,632 |
| DSCR Ratio | 1.61x |
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 1947
10,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45218, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 1,126 (67.6%) |
| Renter Occupied HU | 457 (27.4%) |
| Vacant Housing Units | 83 ( 5.0%) |
| Median Home Value | $186,179 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
1,681
Single Family
1,681
Multi-Family
0
Businesses
99
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 1947
10,010 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45218, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 1,126 (67.6%) |
| Renter Occupied HU | 457 (27.4%) |
| Vacant Housing Units | 83 ( 5.0%) |
| Median Home Value | $186,179 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
1,681
Single Family
1,681
Multi-Family
0
Businesses
99
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices