Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Franklin at 6516 Locust Ln, Franklin, OH, 45005 generates $2,207/mo in rent and, after a $1,175/mo payment, leaves $628/mo in cash flow. Total monthly income is $2,207/mo, and annual cash flow is $7,536/yr on $79,560 invested. Return on cash invested sits at 29.38% in year one, and rental yield is 11.04% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 154.14% and total cumulative return in cash sums $122,630. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,207/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 45005, Franklin, OH area.
| 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 |
Residential
13,590
Single Family
12,431
Multi-Family
1,159
Businesses
803
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-08 | $3069.70 | -7.22% | $68,670 | 0.00% |
| 2022-04-08 | $3308.64 | 6.39% | $68,669 | -0.00% |
| 2021-04-08 | $3110.00 | 6.78% | $68,670 | 13.00% |
Listed by: Mark S Mattingly • Sibcy Cline Inc.
Mls Name: DABR MLS
Mls Provider:
Mls ID: #931379
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.
