4602 Simpson AveCincinnatiOH45227
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 4602 Simpson Ave, Cincinnati, OH, 45227 in Cincinnati aligned with their strategy. Rental yield 6.26%. DSCR 1.10 and 6.26% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $3,077/yr in paydown build toward a projected cumulative return of $100,717.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.3% | 6.8% |
| Monthly Cash Flow | $(500) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,914 |
| Total Monthly Debt Service | $2,358 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1896
4,443 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
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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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyler Martsolf • eXp Realty
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1898648
