815 Pedretti AveCincinnatiOH45238
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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 815 Pedretti Ave, Cincinnati, OH, 45238 priced at $129,900 converts $1,035/mo rent into $180/mo cash flow after a $636/mo obligation. Total monthly income equals $1,035/mo, and annual cash flow totals $2,164/yr on $43,062 invested. Return on cash invested prints 24.93% in year one, and rental yield reads 9.56% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 130.41% and total cumulative return in cash sums $56,155. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,035/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1911
3,963 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45238, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,687 (100%) |
| Owner Occupied HU | 11,429 (58.1%) |
| Renter Occupied HU | 6,901 (35.1%) |
| Vacant Housing Units | 1,357 ( 6.9%) |
| Median Home Value | $205,576 |
| Average Home Value | $257,391 |
Housing Distribution
Address Breakdown
Residential
19,820
Single Family
14,161
Multi-Family
5,659
Businesses
651
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Listed by: Tim Cottrill • Sibcy Cline Inc.
Mls Name: DABR MLS
Mls ID: #939734