6217-6219 Erie AveCincinnatiOH45227
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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 6217-6219 Erie Ave, Cincinnati, OH, 45227 generates $2,041/mo in rent, after a $2,814/mo payment. Total monthly income is $2,041/mo. Return on cash invested sits at 9.02% in year one, and rental yield is 4.26% on a $575,000 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 44.93% and total cumulative return in cash sums $84,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,041/mo property income rather than buyer’s personal income.
Multi Family
Built in 1907
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45227, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,542 (100%) |
| Owner Occupied HU | 4,818 (50.5%) |
| Renter Occupied HU | 3,834 (40.2%) |
| Vacant Housing Units | 890 ( 9.3%) |
| Median Home Value | $306,148 |
| Average Home Value | $442,509 |
Housing Distribution
Address Breakdown
Residential
9,396
Single Family
6,956
Multi-Family
2,440
Businesses
747
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Listed by: Jennifer A Murtland • eXp Realty
Mls Name: eXp Realty
Mls ID: #1865760