9589 Cornell LnHamiltonOH45011
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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 Hamilton at 9589 Cornell Ln, Hamilton, OH, 45011 uses $54,698 cash to close to unlock $4,323/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $1,715/mo, and a $808/mo payment keeps the spread at $360/mo. Purchase price stands at $165,000, and rental yield measures 12.47% with $1,715/mo rent. Return on cash invested shows 27.81% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 147.93% and total cumulative return in cash records $80,915. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,715/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1983
344.12 sqft lot
$N/A/sqft
$269 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45011, Hamilton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,468 (100%) |
| Owner Occupied HU | 19,567 (68.7%) |
| Renter Occupied HU | 7,381 (25.9%) |
| Vacant Housing Units | 1,520 ( 5.3%) |
| Median Home Value | $320,914 |
| Average Home Value | $338,443 |
Housing Distribution
Address Breakdown
Residential
27,133
Single Family
24,750
Multi-Family
2,383
Businesses
1,504
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Listed by: Hossam Elsayed • Emerald Home Advisors
Mls Name: DABR MLS
Mls Provider:
Mls ID: #944500
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