115 N 2nd StFrankfortOH45628
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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 Frankfort at 115 N 2nd St, Frankfort, OH, 45628 listed at $264,900 pairs $0/mo rent with a $1,297/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.91% in year one, and rental yield registers 0% at a $264,900 basis. Equity gained on principal adds $1,709/yr, and annual property appreciation at 5% supports $73,187 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45628, Frankfort, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,668 (71.8%) |
| Renter Occupied HU | 495 (21.3%) |
| Vacant Housing Units | 161 ( 6.9%) |
| Median Home Value | $230,519 |
| Average Home Value | $258,140 |
Housing Distribution
Address Breakdown
Residential
1,925
Single Family
1,905
Multi-Family
20
Businesses
77
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No similar rental properties found nearby.
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Listed by: Timothy Rutherford • ERA Martin & Associates (C)
Mls Name: Scioto Valley AOR
Mls Provider:
Mls ID: #198255
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.