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 streets and dense housing stock offer the consistent neighborhood stability desired by long-term rental property investors.
- ▸Efficient access to major highways facilitates easy commuting for tenants working throughout the broader Cincinnati metropolitan employment hubs.
- ▸Proximity to localized retail corridors and community green spaces enhances the daily convenience factor for prospective suburban rental residents.
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).
More analyzed properties in Cincinnati
Run a BRRRR Analysis
BRRRR Deal Calculator
Pre-filled using this property's analysis. Adjust rehab and financing assumptions to estimate BRRRR returns.
Property Data
Rehab & Refinance Inputs
$
$
$
%
$
$
%
%
Share This Deal
Analyze Another Property
Paste any Zillow, Redfin, or Realtor listing to instantly see:
• Deal Score • Cash Flow • Cap Rate • Investment Risk