542 Davenport Ave APT DCincinnatiOH45204
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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 542 Davenport Ave APT D, Cincinnati, OH, 45204 priced at $659,000 converts $1,740/mo rent into after a $3,225/mo obligation. Total monthly income equals $1,740/mo. Return on cash invested prints 5.7% in year one, and rental yield reads 3.17% against a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation compiles into $182,070 by year five. Five-year ROI reaches 27.13% and total cumulative return in cash sums $58,831. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,740/mo property income covering a $3,225/mo payment, not borrower’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45204, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 958 (31.5%) |
| Renter Occupied HU | 1,505 (49.5%) |
| Vacant Housing Units | 579 (19.0%) |
| Median Home Value | $164,783 |
| Average Home Value | $217,028 |
Housing Distribution
Address Breakdown
Residential
2,790
Single Family
1,686
Multi-Family
1,104
Businesses
136
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Listed by: Stacie A Schoeplein • Sibcy Cline, Inc.
Mls Name: Cincy MLS
Mls ID: #1848351