470 Wellesley AveCincinnatiOH45224
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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 470 Wellesley Ave, Cincinnati, OH, 45224 generates $1,759/mo in rent and, after a $861/mo payment, leaves $487/mo in cash flow. Total monthly income is $1,759/mo, and annual cash flow is $5,848/yr on $58,344 invested. Return on cash invested sits at 29.93% in year one, and rental yield is 11.99% on a $176,000 entry. Equity gained on principal adds $1,136/yr, while 5% annual appreciation builds toward $48,626 over five years. Five-year ROI reaches 158% and total cumulative return in cash sums $92,181. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,759/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45224, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,720 (100%) |
| Owner Occupied HU | 5,123 (52.7%) |
| Renter Occupied HU | 3,810 (39.2%) |
| Vacant Housing Units | 787 ( 8.1%) |
| Median Home Value | $229,770 |
| Average Home Value | $256,258 |
Housing Distribution
Address Breakdown
Residential
9,407
Single Family
6,806
Multi-Family
2,601
Businesses
404
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Listed by: Tim Cottrill • Sibcy Cline Inc.
Mls Name: DABR MLS
Mls Provider:
Mls ID: #930896
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.