50 Flamingo DrHamiltonOH45013
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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
Investment Highlights
Rental property for sale in Hamilton at 50 Flamingo Dr, Hamilton, OH, 45013 offers $1,400/mo rent that, after a $979/mo payment, leaves $84/mo cash flow. Total monthly income is $1,400/mo, and annual cash flow is $1,012/yr on $66,300 cash. Return on cash invested measures 21.44% in year one, and rental yield stands at 8.4% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 111.6% and total cumulative return in cash reaches $73,988. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,400/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45013, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,792 (100%) |
| Owner Occupied HU | 15,596 (68.4%) |
| Renter Occupied HU | 6,058 (26.6%) |
| Vacant Housing Units | 1,138 ( 5.0%) |
| Median Home Value | $285,700 |
| Average Home Value | $325,318 |
Housing Distribution
Address Breakdown
Residential
22,285
Single Family
20,294
Multi-Family
1,991
Businesses
776
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