649 Derby AveCincinnatiOH45232
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
Investment Highlights
Investment property for sale in Cincinnati at 649 Derby Ave, Cincinnati, OH, 45232 with 5% annual appreciation on a $183,500 basis while $1,462/mo rent supports operations. Total monthly income totals $1,462/mo and a $898/mo payment preserves $255/mo for cash returns. Annual cash flow comes to $3,061/yr on $60,830 deployed, and return on cash invested reaches 24.94% in year one. Equity gained on principal adds $1,184/yr, and five-year appreciation sums $50,698 alongside rental yield of 9.56%. Five-year ROI measures 130.41% and total cumulative return in cash totals $79,332.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,462/mo property income versus a $898/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45232, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,170 (100%) |
| Owner Occupied HU | 518 (16.3%) |
| Renter Occupied HU | 2,444 (77.1%) |
| Vacant Housing Units | 208 ( 6.6%) |
| Median Home Value | $144,608 |
| Average Home Value | $178,403 |
Housing Distribution
Address Breakdown
Residential
2,770
Single Family
2,289
Multi-Family
481
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kate J Bridgman • Comey & Shepherd
Mls Name: Cincy MLS
Mls ID: #1857269