6585 Parrish AveCincinnatiOH45239
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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 6585 Parrish Ave, Cincinnati, OH, 45239 generates $1,158/mo in rent, after a $930/mo payment. Total monthly income is $1,158/mo. Return on cash invested sits at 18.16% in year one, and rental yield is 7.31% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 94.04% and total cumulative return in cash sums $59,232. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,158/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
3,354 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45239, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,675 (100%) |
| Owner Occupied HU | 7,517 (59.3%) |
| Renter Occupied HU | 4,413 (34.8%) |
| Vacant Housing Units | 745 ( 5.9%) |
| Median Home Value | $178,573 |
| Average Home Value | $203,390 |
Housing Distribution
Address Breakdown
Residential
12,420
Single Family
9,974
Multi-Family
2,446
Businesses
486
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Listed by: Michael Stylski • Comey & Shepherd REALTORS
Mls Name: DABR MLS
Mls Provider:
Mls ID: #944507
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.