2945 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 2945 Renaissance Blvd, Franklin, OH, 45005 offers $3,691/mo rent that, after a $2,594/mo payment, leaves $144/mo cash flow. Total monthly income is $3,691/mo, and annual cash flow is $1,729/yr on $174,354 cash. Return on cash invested measures 21.05% in year one, and rental yield stands at 8.36% at a $529,950 entry. Equity gained on principal adds $3,420/yr while 5% annual appreciation compounds into $146,415 by year five. Five-year ROI records 109.63% and total cumulative return in cash reaches $191,139. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,691/mo property income versus a $2,594/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
0.29 Acres lot
$N/A/sqft
$730 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: Christopher S Parker • RE/MAX Incompass
Mls Name: DABR MLS
Mls Provider:
Mls ID: #922898
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.