2170 Snook 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 2170 Snook Rd, Franklin Furnace, OH, 45629 uses $99,119 cash to close to unlock $4,712/yr annual cash flow and $393/mo monthly cash flow. Total monthly income runs $2,359/mo, and a $1,463/mo payment keeps the spread at $393/mo. Purchase price stands at $299,000, and rental yield measures 9.47% with $2,359/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 128.85% and total cumulative return in cash records $127,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,359/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 2002
4.79 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: Sabrina Bentley • Kim Hill Real Estate LLC
Mls Name: GPABR
Mls ID: #152696