456 Grand Ave UNIT 2CincinnatiOH45205
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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
Rental property for sale in Cincinnati at 456 Grand Ave UNIT 2, Cincinnati, OH, 45205 generates $926/mo in rent and, after a $489/mo payment, leaves $269/mo in cash flow. Total monthly income is $926/mo, and annual cash flow is $3,224/yr on $33,150 invested. Return on cash invested sits at 29.63% in year one, and rental yield is 11.11% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 155.56% and total cumulative return in cash sums $51,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $926/mo property income rather than buyer’s personal income.
Condo
Built in 1980
2.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45205, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,822 (100%) |
| Owner Occupied HU | 2,474 (28.0%) |
| Renter Occupied HU | 5,049 (57.2%) |
| Vacant Housing Units | 1,299 (14.7%) |
| Median Home Value | $116,860 |
| Average Home Value | $194,266 |
Housing Distribution
Address Breakdown
Residential
7,602
Single Family
5,860
Multi-Family
1,742
Businesses
264
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Listed by: Douglas Phillips • Keller Williams Seven Hills Re
Mls Name: Cincy MLS
Mls ID: #1854047