5461 Hanover CirCincinnatiOH45230
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeMost investment properties struggle to clear the 1.25x DSCR minimum. 5461 Hanover Cir, Cincinnati, OH, 45230 in Cincinnati clears it at 1.50, a meaningful distinction for the Ziffy Mortgage DSCR approval process. Rental yield 8.53%. Strong coverage makes approval clean and leaves room for vacancy without breaching underwriting thresholds. Five-year appreciation: $69,070; $2,096/yr in principal equity; total projected return: $70,298.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.8% |
| Monthly Cash Flow | $(347) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,777 |
| Total Monthly Debt Service | $2,086 |
| DSCR Ratio | 0.85x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1990
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45230, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,930 (100%) |
| Owner Occupied HU | 8,589 (66.4%) |
| Renter Occupied HU | 3,480 (26.9%) |
| Vacant Housing Units | 861 ( 6.7%) |
| Median Home Value | $303,619 |
| Average Home Value | $363,328 |
Housing Distribution
Address Breakdown
Residential
12,520
Single Family
9,898
Multi-Family
2,622
Businesses
530
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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
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Nearby investment properties with comparable prices
Listed by: Vicki W White • Comey & Shepherd
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1898965
