1803 Back 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 1803 Back Rd, Franklin Furnace, OH, 45629 listed at $205,000 pairs $1,315/mo rent with a $1,003/mo payment. Total monthly income runs $1,315/mo. Return on cash invested measures 19.32% in year one, and rental yield registers 7.7% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 100.22% and total cumulative return in cash totals $68,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,315/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2009
1.30 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: Jeremy Newman • REAL ESTATE GALLERY, INC.
Mls Name: GPABR
Mls ID: #155249