2200 W Comet RdNew FranklinOH44216
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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 New Franklin at 2200 W Comet Rd, New Franklin, OH, 44216 earns from $1,560/mo rent with a $9,667/mo payment. Total monthly income totals $1,560/mo. ROI tracks -1.07% on current figures, and rental yield reads 0.95% at a $1,975,000 purchase. Equity gained on principal adds $12,744/yr, and 5% annual appreciation supports $545,656 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,560/mo property income instead of your personal income.
Single Family
Built in 2021
27.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44216, Clinton, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,024 (100%) |
| Owner Occupied HU | 3,461 (86.0%) |
| Renter Occupied HU | 404 (10.0%) |
| Vacant Housing Units | 159 ( 4.0%) |
| Median Home Value | $271,636 |
| Average Home Value | $303,423 |
Housing Distribution
Address Breakdown
Residential
3,701
Single Family
3,701
Multi-Family
0
Businesses
114
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Listed by: Amanda Shafer • RE/MAX Trends Realty
Mls Name: MLS Now
Mls ID: #5175367