699 Gholson AveCincinnatiOH45229
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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
Investment property for sale in Cincinnati at 699 Gholson Ave, Cincinnati, OH, 45229 uses $99,417 cash to close to unlock $5,774/yr annual cash flow and $481/mo monthly cash flow. Total monthly income runs $2,454/mo, and a $1,468/mo payment keeps the spread at $481/mo. Purchase price stands at $299,900, and rental yield measures 9.82% with $2,454/mo rent. Return on cash invested shows 25.72% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 134.54% and total cumulative return in cash records $133,756. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,454/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45229, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,063 (100%) |
| Owner Occupied HU | 1,655 (23.4%) |
| Renter Occupied HU | 4,095 (58.0%) |
| Vacant Housing Units | 1,313 (18.6%) |
| Median Home Value | $330,983 |
| Average Home Value | $374,802 |
Housing Distribution
Address Breakdown
Residential
6,304
Single Family
2,989
Multi-Family
3,315
Businesses
308
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Listed by: Morah T Lynch • Cutler Real Estate
Mls Name: Cincy MLS
Mls ID: #1860144