6641 Washington CirFranklinOH45005
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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 6641 Washington Cir, Franklin, OH, 45005 priced at $184,500 converts $1,320/mo rent into after a $903/mo obligation. Total monthly income equals $1,320/mo. Return on cash invested prints 17.19% in year one, and rental yield reads 8.59% against a $184,500 entry. Equity gained on principal adds $1,191/yr, while 5% annual appreciation compiles into $50,974 by year five. Five-year ROI reaches 90.57% and total cumulative return in cash sums $55,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,320/mo property income covering a $903/mo payment, not borrower’s personal income.
Townhouse
Built in 1999
897.34 sqft lot
$N/A/sqft
$245 monthly 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: Faye Leap • Leap & Associates Inc.
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1821548
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