105 Chestnut StFranklinOH45005
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Franklin at 105 Chestnut St, Franklin, OH, 45005 priced at $170,000 pairs $1,706/mo rent with $588/mo cash flow after a $832/mo payment. Total monthly income equals $1,706/mo, and annual cash flow comes to $7,054/yr on $56,355 invested. Return on cash invested is 32.43% in year one, and rental yield stands at 12.04% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 170.49% and total cumulative return in cash reaches $96,081. For financing, Ziffy Mortgage’s DSCR program evaluates $1,706/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1960
6,629 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45005, Franklin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,533 (100%) |
| Owner Occupied HU | 9,874 (67.9%) |
| Renter Occupied HU | 4,068 (28.0%) |
| Vacant Housing Units | 591 ( 4.1%) |
| Median Home Value | $237,640 |
| Average Home Value | $283,600 |
Housing Distribution
Address Breakdown
Residential
13,590
Single Family
12,431
Multi-Family
1,159
Businesses
803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices