3617 Waugh RdFrankfortOH45628
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 3617 Waugh Rd, Frankfort, OH, 45628 in Frankfort is priced for capital growth, not immediate cash flow. The $139,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $38,652 by year five, with $1,288/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1975
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45628, Frankfort, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,668 (71.8%) |
| Renter Occupied HU | 495 (21.3%) |
| Vacant Housing Units | 161 ( 6.9%) |
| Median Home Value | $230,519 |
| Average Home Value | $258,140 |
Housing Distribution
Address Breakdown
Residential
1,925
Single Family
1,905
Multi-Family
20
Businesses
77
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
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
Single Family
Built in 1975
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45628, Frankfort, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,668 (71.8%) |
| Renter Occupied HU | 495 (21.3%) |
| Vacant Housing Units | 161 ( 6.9%) |
| Median Home Value | $230,519 |
| Average Home Value | $258,140 |
Housing Distribution
Address Breakdown
Residential
1,925
Single Family
1,905
Multi-Family
20
Businesses
77
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Abigail Lou Atkinson • Point Realty, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls Provider:
Mls ID: #225016107
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. Information is deemed reliable but not guaranteed.