7024 Ohio AveCincinnatiOH45236
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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 7024 Ohio Ave, Cincinnati, OH, 45236 uses $87,151 cash to close to unlock $773/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $1,287/mo payment keeps the spread at $64/mo. Purchase price stands at $262,900, and rental yield measures 8.19% with $1,794/mo rent. Return on cash invested shows 20.8% in year one, and 5% annual appreciation builds toward $72,634 over five years. Five-year ROI reaches 108.15% and total cumulative return in cash records $94,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $1,287/mo payment rather than investor’s personal income.
Single Family
Built in 1940
5,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45236, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,121 (100%) |
| Owner Occupied HU | 7,267 (60.0%) |
| Renter Occupied HU | 3,912 (32.3%) |
| Vacant Housing Units | 942 ( 7.8%) |
| Median Home Value | $238,210 |
| Average Home Value | $307,626 |
Housing Distribution
Address Breakdown
Residential
11,922
Single Family
8,941
Multi-Family
2,981
Businesses
1,164
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Listed by: Kristen D Carter • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1858579