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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 6702 Washington Cir, Franklin, OH, 45005 offers $1,328/mo rent that, after a $832/mo payment. Total monthly income is $1,328/mo. Return on cash invested measures 19.12% in year one, and rental yield stands at 9.38% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 101.02% and total cumulative return in cash reaches $56,894. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,328/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1997
N/A lot
$N/A/sqft
$247 monthly 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 |
|---|---|---|
| 2025-04-08 | Pending sale | $169,900 |
| 2025-04-05 | Listed for sale | $169,900 |
| 2014-06-26 | Sold | $85,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-14 | $1507.20 | -7.22% | $38,170 | 0.02% |
| 2022-04-14 | $1624.48 | 6.39% | $38,164 | N/A |
| 2021-04-14 | $1526.98 | 8.97% | $38,164 | 12.99% |
Listed by: Andrew R Nichols • Bowling & Kugler Realty
Mls Name: Cincy MLS
Mls Provider:
Mls ID: #1835615
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Reciprocity programs of the MLS of Greater Cincinnati, Inc.. Those listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and house icon. The properties displayed may not be all of the properties available through Broker Reciprocity. 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. Zillow, Inc. does not display the entire Cincinnati MLS Broker Reciprocity database on this web site. The listings of some real estate brokerage firms have been excluded. Copyright 2025, MLS of Greater Cincinnati, Inc. All rights reserved
