1285 Franklin StLewis CenterOH43035
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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 Lewis Center at 1285 Franklin St, Lewis Center, OH, 43035 at $242,900 posts ROI 39% with $1,281/mo cash flow from $2,879/mo rent. Total monthly income equals $2,879/mo, and annual cash flow records $15,373/yr on $80,521 to close. Return on cash invested measures 39% and rental yield reads 14.22% at the current $242,900. Equity gained on principal adds $1,567/yr, and 5% annual appreciation supports $67,109 by year five. Five-year ROI prints 205.79% and total cumulative return in cash totals $165,709.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,879/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43035, Lewis Center, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,726 (100%) |
| Owner Occupied HU | 9,292 (73.0%) |
| Renter Occupied HU | 2,901 (22.8%) |
| Vacant Housing Units | 533 ( 4.2%) |
| Median Home Value | $464,038 |
| Average Home Value | $490,137 |
Housing Distribution
Address Breakdown
Residential
12,819
Single Family
12,755
Multi-Family
64
Businesses
1,005
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Listed by: Danielle L Parkinson • Live Simply Real Estate LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #224009239
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.