551 E 13th St APT 3CincinnatiOH45202
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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
Investment property for sale in Cincinnati at 551 E 13th St APT 3, Cincinnati, OH, 45202 earns $451/mo cash flow from $2,648/mo rent with a $1,635/mo payment. Total monthly income totals $2,648/mo, and annual cash flow totals $5,409/yr on $110,721 capital. ROI tracks 24.79% on current figures, and rental yield reads 9.51% at a $334,000 purchase. Equity gained on principal adds $2,155/yr, and 5% annual appreciation supports $92,278 over five years. Five-year ROI reaches 129.56% and total cumulative return in cash sums $143,454. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,648/mo property income instead of your personal income.
Condo
Built in 1889
2,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45202, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,395 (100%) |
| Owner Occupied HU | 2,260 (16.9%) |
| Renter Occupied HU | 8,730 (65.2%) |
| Vacant Housing Units | 2,405 (18.0%) |
| Median Home Value | $474,559 |
| Average Home Value | $553,239 |
Housing Distribution
Address Breakdown
Residential
11,809
Single Family
3,714
Multi-Family
8,095
Businesses
2,419
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Listed by: Charles D. Medalie • ListwithFreedom.com
Mls Name: Cincy MLS
Mls ID: #1865810