5845 Manchester RdFranklinOH45005
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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 Franklin at 5845 Manchester Rd, Franklin, OH, 45005 uses $81,019 cash to close to unlock $775/yr annual cash flow and $65/mo monthly cash flow. Total monthly income runs $1,672/mo, and a $1,196/mo payment keeps the spread at $65/mo. Purchase price stands at $244,400, and rental yield measures 8.21% with $1,672/mo rent. Return on cash invested shows 20.87% in year one, and 5% annual appreciation builds toward $67,523 over five years. Five-year ROI reaches 108.51% and total cumulative return in cash records $87,916. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,672/mo property income covering a $1,196/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.55 Acres lot
$N/A/sqft
No 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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