216 S Franklin StEatonOH45320
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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
Rental property for sale in Eaton at 216 S Franklin St, Eaton, OH, 45320 offers $1,526/mo rent that, after a $1,170/mo payment. Total monthly income is $1,526/mo. Return on cash invested measures 19.21% in year one, and rental yield stands at 7.66% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 99.6% and total cumulative return in cash reaches $78,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,526/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45320, Eaton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,006 (100%) |
| Owner Occupied HU | 4,765 (68.0%) |
| Renter Occupied HU | 1,685 (24.1%) |
| Vacant Housing Units | 556 ( 7.9%) |
| Median Home Value | $203,945 |
| Average Home Value | $254,695 |
Housing Distribution
Address Breakdown
Residential
6,685
Single Family
6,459
Multi-Family
226
Businesses
499
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