905 Paradrome StCincinnatiOH45202
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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 905 Paradrome St, Cincinnati, OH, 45202 generates $3,120/mo in rent, after a $2,447/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 18.69% in year one, and rental yield is 7.49% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 96.81% and total cumulative return in cash sums $160,460. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Single Family
Built in 1885
1,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45202, Cincinnati, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,395 (100%) |
| Owner Occupied HU | 2,260 (16.9%) |
| Renter Occupied HU | 8,730 (65.2%) |
| Vacant Housing Units | 2,405 (18.0%) |
| Median Home Value | $474,559 |
| Average Home Value | $553,239 |
Housing Distribution
Address Breakdown
Residential
11,809
Single Family
3,714
Multi-Family
8,095
Businesses
2,419
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Listed by: Deborah Harmer • eXp Realty
Mls Name: Cincy MLS
Mls ID: #1866660