1010 Poplar Fork RdFranklin FurnaceOH45629
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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 Franklin Furnace at 1010 Poplar Fork Rd, Franklin Furnace, OH, 45629 with 5% annual appreciation on a $249,000 basis while $2,549/mo rent supports operations. Total monthly income totals $2,549/mo and a $1,219/mo payment preserves $911/mo for cash returns. Annual cash flow comes to $10,930/yr on $82,544 deployed, and return on cash invested reaches 33.15% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 12.28%. Five-year ROI measures 174.36% and total cumulative return in cash totals $143,924.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,549/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
9.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45629, Franklin Furnace, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 924 (67.9%) |
| Renter Occupied HU | 275 (20.2%) |
| Vacant Housing Units | 162 (11.9%) |
| Median Home Value | $175,602 |
| Average Home Value | $207,965 |
Housing Distribution
Address Breakdown
Residential
1,242
Single Family
1,242
Multi-Family
0
Businesses
50
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Listed by: Nick Rutman • Rutman Burnside Realty Group LLC
Mls Name: GPABR
Mls ID: #151992
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.