Rental Property Investment Analysis
Investment metrics for 1137 Covedale Ave, Cincinnati, OH 45238
zillow
Single Family
📍 1137 Covedale Ave, Cincinnati, OH 45238
$154,417
🛏 3 bed
🚿 2 bath
📐 1,736 sqft
10
/ 100
Deal Score
F
High Risk Investment
Grade F · 10/100
Monthly Cash Flow
$-237
After all expenses
Cap Rate
4.39%
Below 6% threshold
Monthly Rent
$1,003/mo
Estimated
Total Expenses
$1,240/mo
All-in monthly
Cash-on-Cash
-8.00%
Low return
Annual Cash Flow
$-2,841
Per year
Break-Even Analysis
Break-Even Rent
$1,240 / mo
Minimum monthly rent needed to cover all estimated expenses
Area Lifestyle & Investment Notes
- ▸Established residential corridors feature consistent demand from long-term tenants seeking proximity to regional highway networks and hubs.
- ▸Rolling topography and abundant green spaces define the suburban character that appeals to families and stable households.
- ▸Convenient access to local commercial centers provides essential services that enhance the neighborhood appeal for prospective renters.
Key Takeaway
Investor Summary
Under current assumptions, this property is a high-risk rental investment (10/100) with a negative cash flow of $-237/mo. A meaningfully lower purchase price or stronger rent performance would likely be needed to make this deal work.
Analysis Summary
This Single Family at 1137 Covedale Ave, Cincinnati, OH 45238 is listed at $154,417 with 3 bed / 2 bath and 1,736 sq ft.
The estimated monthly rent is $1,003, generating a negative monthly cash flow of $-237 after all expenses — including mortgage, taxes, insurance, maintenance, and vacancy reserves.
The cap rate is 4.39% and the cash-on-cash return is -8.00%. This deal received a score of 10/100 (Grade F: High Risk Investment).
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