9 W North StCincinnatiOH45215
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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 9 W North St, Cincinnati, OH, 45215 uses $54,698 cash to close to unlock $2,199/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,269/mo, and a $808/mo payment keeps the spread at $183/mo. Purchase price stands at $165,000, and rental yield measures 9.23% with $1,269/mo rent. Return on cash invested shows 23.93% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 124.96% and total cumulative return in cash records $68,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,269/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1930
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45215, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,655 (100%) |
| Owner Occupied HU | 6,600 (48.3%) |
| Renter Occupied HU | 5,860 (42.9%) |
| Vacant Housing Units | 1,195 ( 8.8%) |
| Median Home Value | $259,212 |
| Average Home Value | $330,147 |
Housing Distribution
Address Breakdown
Residential
13,367
Single Family
10,522
Multi-Family
2,845
Businesses
1,130
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Listed by: Brittney Lovdal • Keller Williams Advisors
Mls Name: Cincy MLS
Mls ID: #1860344