621 Tradition Rdg #80202CincinnatiOH45245
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 621 Tradition Rdg #80202, Cincinnati, OH, 45245 in Cincinnati is narrow, $99/mo net on $2,204/mo rent after the $1,322/mo debt service, but the property operates at break-even-plus, not a loss. At $293,900 with a 9% yield, the long-run equity case via 5% appreciation ($81,199 over five years) and $2,707/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.67 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $119,057.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.8% |
| Monthly Cash Flow | $99 | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,204 |
| Total Monthly Debt Service | $1,988 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2024
N/A lot
$N/A/sqft
$172 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45245, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,135 (100%) |
| Owner Occupied HU | 5,996 (59.2%) |
| Renter Occupied HU | 3,610 (35.6%) |
| Vacant Housing Units | 529 ( 5.2%) |
| Median Home Value | $308,485 |
| Average Home Value | $318,314 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
7,195
Multi-Family
2,323
Businesses
650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2024
N/A lot
$N/A/sqft
$172 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45245, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,135 (100%) |
| Owner Occupied HU | 5,996 (59.2%) |
| Renter Occupied HU | 3,610 (35.6%) |
| Vacant Housing Units | 529 ( 5.2%) |
| Median Home Value | $308,485 |
| Average Home Value | $318,314 |
Housing Distribution
Address Breakdown
Residential
9,518
Single Family
7,195
Multi-Family
2,323
Businesses
650
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices