74 Gervais RdFranklin FurnaceOH45629




Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 Furnace at 74 Gervais Rd, Franklin Furnace, OH, 45629 priced at $245,000 converts $1,802/mo rent into $191/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,802/mo, and annual cash flow totals $2,287/yr on $81,218 invested. Return on cash invested prints 22.72% in year one, and rental yield reads 8.83% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 118.47% and total cumulative return in cash sums $96,216. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,802/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1960
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 45629, Franklin Furnace, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,361 (100%) |
| Owner Occupied HU | 924 (67.9%) |
| Renter Occupied HU | 275 (20.2%) |
| Vacant Housing Units | 162 (11.9%) |
| Median Home Value | $175,602 |
| Average Home Value | $207,965 |
Housing Distribution
Address Breakdown
Residential
1,242
Single Family
1,242
Multi-Family
0
Businesses
50
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Nearby investment properties with comparable prices



Listed by: Loretta McClure • Loretta A McClure Real Es
Mls Name: GPABR
Mls ID: #150860
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.








