494 Lobob CtCincinnatiOH45205
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 494 Lobob Ct, Cincinnati, OH, 45205 in Cincinnati hard to pass up. The 11.34% gross yield on a $199,000 purchase results in $1,880/mo in rent and $571/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.10). Annual cash flow of $6,857, five-year appreciation of $54,980, and $1,833/yr in equity build-up combine for a projected total cumulative return of $112,578.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 6.8% |
| Monthly Cash Flow | $571 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,880 |
| Total Monthly Debt Service | $1,230 |
| DSCR Ratio | 1.53x |
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 1955
6,316 sqft 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
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 1955
6,316 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vickie D Carr • Jordan, Inc.
Mls Name: Cincy MLS
Mls ID: #1852229