932 Lexington 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 932 Lexington Ave, Cincinnati, OH, 45229 uses $49,394 cash to close to unlock $6,506/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $1,522/mo, and a $729/mo payment keeps the spread at $542/mo. Purchase price stands at $149,000, and rental yield measures 12.26% with $1,522/mo rent. Return on cash invested shows 33.08% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 174.06% and total cumulative return in cash records $85,972. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,522/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1945
5,009 sqft 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: Andrew Maloney • eXp Realty
Mls Name: Cincy MLS
Mls ID: #1865705