9008 Heritage RdFranklinOH45005
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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 9008 Heritage Rd, Franklin, OH, 45005 generates $2,326/mo in rent and, after a $1,272/mo payment, leaves $617/mo in cash flow. Total monthly income is $2,326/mo, and annual cash flow is $7,398/yr on $86,157 invested. Return on cash invested sits at 28.5% in year one, and rental yield is 10.74% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 149.42% and total cumulative return in cash sums $128,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,326/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.50 Acres lot
$N/A/sqft
No 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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