47 N Frankfort StMinsterOH45865
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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 Minster at 47 N Frankfort St, Minster, OH, 45865 offers $2,132/mo rent that, after a $1,640/mo payment. Total monthly income is $2,132/mo. Return on cash invested measures 19.13% in year one, and rental yield stands at 7.64% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 99.24% and total cumulative return in cash reaches $110,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,132/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1886
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45865, Minster, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,036 (100%) |
| Owner Occupied HU | 1,604 (78.8%) |
| Renter Occupied HU | 299 (14.7%) |
| Vacant Housing Units | 133 ( 6.5%) |
| Median Home Value | $303,768 |
| Average Home Value | $357,322 |
Housing Distribution
Address Breakdown
Residential
2,029
Single Family
2,029
Multi-Family
0
Businesses
210
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