2788 Renaissance BlvdFranklinOH45005
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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 Franklin at 2788 Renaissance Blvd, Franklin, OH, 45005 priced at $544,900 pairs $7,112/mo rent with $3,469/mo cash flow after a $2,667/mo payment. Total monthly income equals $7,112/mo, and annual cash flow comes to $41,633/yr on $179,272 invested. Return on cash invested is 43.28% in year one, and rental yield stands at 15.66% on a $544,900 basis. Equity gained on principal adds $3,516/yr, and 5% annual appreciation accumulates to $150,546 by year five. Five-year ROI measures 228.82% and total cumulative return in cash reaches $410,213. For financing, Ziffy Mortgage’s DSCR program evaluates $7,112/mo property income against a $2,667/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.31 Acres lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45005, Franklin, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,533 (100%) |
| Owner Occupied HU | 9,874 (67.9%) |
| Renter Occupied HU | 4,068 (28.0%) |
| Vacant Housing Units | 591 ( 4.1%) |
| Median Home Value | $237,640 |
| Average Home Value | $283,600 |
Housing Distribution
Address Breakdown
Residential
13,590
Single Family
12,431
Multi-Family
1,159
Businesses
803
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Listed by: Barbie Woehrmyer • Coldwell Banker Realty
Mls Name: DABR MLS
Mls Provider:
Mls ID: #914455
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. Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.