51 Damon RdCincinnatiOH45218
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
Investment Highlights
Rental property for sale in Cincinnati at 51 Damon Rd, Cincinnati, OH, 45218 offers $1,490/mo rent that, after a $954/mo payment, leaves $208/mo cash flow. Total monthly income is $1,490/mo, and annual cash flow is $2,493/yr on $64,643 cash. Return on cash invested measures 23.77% in year one, and rental yield stands at 9.17% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 124.04% and total cumulative return in cash reaches $80,182. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,490/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
8,494 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45218, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,666 (100%) |
| Owner Occupied HU | 1,126 (67.6%) |
| Renter Occupied HU | 457 (27.4%) |
| Vacant Housing Units | 83 ( 5.0%) |
| Median Home Value | $186,179 |
| Average Home Value | $207,156 |
Housing Distribution
Address Breakdown
Residential
1,681
Single Family
1,681
Multi-Family
0
Businesses
99
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Nearby investment properties with comparable prices
Listed by: Gregory Sharma • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls ID: #940934