8565 Starling 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 8565 Starling Cir, Franklin, OH, 45005 priced at $274,900 converts $1,888/mo rent into $80/mo cash flow after a $1,346/mo obligation. Total monthly income equals $1,888/mo, and annual cash flow totals $963/yr on $91,129 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 8.24% against a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation compiles into $75,950 by year five. Five-year ROI reaches 109.05% and total cumulative return in cash sums $99,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,888/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.52 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $274,900 |
| 2025-01-24 | Sold | $140,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-30 | $1646.20 | -17.57% | $48,960 | -0.00% |
| 2022-04-30 | $1997.04 | 3.69% | $48,961 | N/A |
| 2021-04-30 | $1926.02 | 3.17% | $48,961 | 18.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1965
- Architectural Style: Other
- Building Area: 1,764
- Living Area: 1,764 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- Flooring: N/A
- Interior Features: Quartz Counters, Remodeled, Solid Surface Counters
- Exterior Features: Fence, Patio
- Parking Features: Garage, Two Car Garage
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Sewer Available, Water Available, Cable Available
- Sewer: N/A
- Water Source: Well
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Misty Morris • Coldwell Banker Heritage
Mls Name: DABR MLS
Mls Provider:
Mls ID: #932941
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.