6586 Hearne Rd #2TCincinnatiOH45248
INVESTMENT ANALYSIS
Investment Verdict
Solid Income6586 Hearne Rd #2T, Cincinnati, OH, 45248 in Cincinnati carries a 1.68 coverage ratio, rent of $1,203/mo is 1.68 times the $717/mo payment. Rental yield 9.05%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $159,527 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $44,074; total projected cumulative return: $34,997.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.8% |
| Monthly Cash Flow | $(441) | $450 |
City averages based on Cincinnati market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,203 |
| Total Monthly Debt Service | $1,581 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1977
25.09 Acres lot
$N/A/sqft
$595 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45248, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,234 (100%) |
| Owner Occupied HU | 8,400 (82.1%) |
| Renter Occupied HU | 1,516 (14.8%) |
| Vacant Housing Units | 318 ( 3.1%) |
| Median Home Value | $247,321 |
| Average Home Value | $286,588 |
Housing Distribution
Address Breakdown
Residential
10,254
Single Family
8,578
Multi-Family
1,676
Businesses
305
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 1977
25.09 Acres lot
$N/A/sqft
$595 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45248, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,234 (100%) |
| Owner Occupied HU | 8,400 (82.1%) |
| Renter Occupied HU | 1,516 (14.8%) |
| Vacant Housing Units | 318 ( 3.1%) |
| Median Home Value | $247,321 |
| Average Home Value | $286,588 |
Housing Distribution
Address Breakdown
Residential
10,254
Single Family
8,578
Multi-Family
1,676
Businesses
305
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: J.B. Spencer • TG Real Estate
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1866334
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