510 Highland PlHamiltonOH45013
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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 Hamilton at 510 Highland Pl, Hamilton, OH, 45013 priced at $150,000 pairs $1,156/mo rent with $170/mo cash flow after a $734/mo payment. Total monthly income equals $1,156/mo, and annual cash flow comes to $2,034/yr on $49,725 invested. Return on cash invested is 24% in year one, and rental yield stands at 9.25% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 125.33% and total cumulative return in cash reaches $62,322. For financing, Ziffy Mortgage’s DSCR program evaluates $1,156/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1918
871.20 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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