6124 Hedge AveCincinnatiOH45213
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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 6124 Hedge Ave, Cincinnati, OH, 45213 generates $1,359/mo in rent and, after a $857/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,359/mo, and annual cash flow is $2,489/yr on $58,013 invested. Return on cash invested sits at 24.2% in year one, and rental yield is 9.32% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 126.42% and total cumulative return in cash sums $73,339. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,359/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45213, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,808 (100%) |
| Owner Occupied HU | 3,148 (54.2%) |
| Renter Occupied HU | 2,200 (37.9%) |
| Vacant Housing Units | 460 ( 7.9%) |
| Median Home Value | $291,022 |
| Average Home Value | $331,861 |
Housing Distribution
Address Breakdown
Residential
5,706
Single Family
4,265
Multi-Family
1,441
Businesses
229
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Listed by: Marinel Ramirez • North Star Realty
Mls Name: Cincy MLS
Mls ID: #1855936