5640 Dutch Ln · Powell, OH 43065

$344,030

2 bd · 2.5 ba · 1,524 sqft · SingleFamily · 66 Days on market

Built 2026 $226/sqft · 11% below area Est $387k · 11% under $260/mo HOA · 10% of rent ↓ 7% since listing

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +12.5/15.0
• Schools +7.6/10.0
• Cash flow +6.4/30.0
• Livability +3.9/5.0
• Rent growth +3.5/5.0
• 1% rule +2.5/10.0
• Condition / age +2.5/5.0
• DSCR +0.7/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Discover this stunning new construction home at 5640 Dutch Lane in Powell, built by M/I Homes. This thoughtfully designed 2-bedroom, 2.5-bathroom home offers 1,524 square feet of well-planned living space perfect for comfortable everyday living. Key Features: Open-concept living space Quartz kitchen countertops Patio Owner's en-suite bathroom This home showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan makes excellent use of the 1,524 square feet, ensuring no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, this M/I Homes construction represents an excellent opportunity for homebuyers seeking new construction quality and design. Contact our team to learn more about 5640 Dutch Lane! MLS# 226008439

Key facts

• Access to parks
• New construction
• Patio

Tags

• NEW CONSTRUCTION
• OPEN-CONCEPT LAYOUT
• QUARTZ KITCHEN COUNTERTOPS
• PATIO
• OWNER'S EN-SUITE BATHROOM
• ACCESS TO PARKS

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath single-family listed at $344k.

Deal economics

• At list price, monthly cash flow is $-600 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $257k (25.2% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $258k (25.0% below list).
• Recommended offer: $257k (25.2% below list) — sets the bar for cash-flow.
• Cap rate 4.2% vs local median 2.9% in Powell — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#201 in OH, #3,091 nationally) — a middle-class / working-renter tenant base. Strengths: schools A+, crime A+, employment A+; Watch: amenities F, commute F, cost of living F.
• Olentangy Local (rural): math 81% / reading 84% proficiency, ranked #18 of 656 in OH (top 3%) — strong family-tenant draw, lease renewals of 3-5y typical; only 5% free/reduced lunch — higher-income household profile.
• Market conditions: Rents rising (+3.9%/yr); 311 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 2,233 units permitted in Delaware County in 2024 (304 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
• Delaware County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 66 days — a 6% lower offer ($323k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $257,255 (25.2% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 66 days. Have you received any prior offers? Is the seller open to a 25% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.75% ✗
• Cap rate: 4.20%
• Cash-on-cash: -7.47%
• DSCR: 0.67
• GRM: 11.1

CMA / ARV

• ARV (median comp): $386,555
• List price: $344,030
• Delta: -11.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5516 Fawnsbury Ct	0.14mi	2/2.5	1,524 (0%)	2mo	$342,180	$225	92
5498 Dutch Ln	0.11mi	2/2.5	1,524 (0%)	7mo	$360,000	$236	89
2738 Drycreek Ct	0.18mi	3/2.0 (+1)	1,520 (-0%)	4mo	$413,010	$272	81
5470 Valleydale Rd	0.21mi	3/2.0 (+1)	1,520 (-0%)	8mo	$418,400	$275	76

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.86% rent growth · sell at horizon

5-year hold

• IRR: -28.2%
• Equity multiple: 0.05×
• Total profit: $-91,492
• Equity at exit: $51,296

10-year hold

• IRR: -23.6%
• Equity multiple: -0.23×
• Total profit: $-118,643
• Equity at exit: $29,745

Cash invested: $96,328 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 43065

• Rents YoY: 3.9%
• Active inventory: 311
• Price-to-rent: 11.1×

Monthly cashflow live

• Estimated rent: $2,580 medium
• Mortgage (P&I): −$1,804
• Tax est. 1.5%: −$430 /mo · $5,160/yr
• Insurance: −$143
• HOA: −$260
• Vacancy / Maint / Mgmt: −$542
• Net cashflow: $-600

Break-even live

Break-even rent $3,339

Max offer price $257,255

Occupancy floor —

Sensitivity live

Price	-10% $-362	-5% $-481	+0% $-600	+5% $-719	+10% $-837
Rent	-10% $-803	-5% $-702	+0% $-600	+5% $-498	+10% $-396
Rate	-1.0pp $-426	-0.5pp $-512	base $-600	+0.5pp $-689	+1.0pp $-780

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $86,008
• Closing costs: $10,321
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5494 Dutch Ln Powell, OH	2.0	2.5	2049	$2,800	$1.37	44d	1	0.10mi
5478 Dutch Ln Powell, OH	3.0	2.5	1792	$2,800	$1.56	44d	1	0.11mi
5522 Villa Rose Dr Powell, OH	1.0–3.0	1.0–2.0	1052	$1,816	$1.72	2d	1	0.36mi
6650 Liberty Grand Blvd Powell, OH	1.0–3.0	1.0–2.5	1355	$2,345	$1.73	2d	11	1.30mi

HOA detail

• Monthly dues: $260 · $3,120/yr

Listing history 9 events

1. 2026-05-09
   price $344,030 1303-char remark

   Show marketing remark (1236 chars)

   Welcome to 5640 Dutch Lane, an outstanding new construction townhome for sale in Powell. This thoughtfully designed 2-story townhome offers an abundance of well-planned living space, perfect for comfortable everyday living. Additional features include 2 bedrooms, 2.5 bathrooms, an open-concept living space, quartz kitchen countertops, a patio, an owner's en-suite bathroom, a 2-car garage, and much more! This townhome showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan ensures no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, 5640 Dutch Lane provides an excellent opportunity for homebuyers seeking new construction quality and design!

2. 2026-05-09
   price $344,030 1236-char remark

   Show marketing remark (1236 chars)

   Welcome to 5640 Dutch Lane, an outstanding new construction townhome for sale in Powell. This thoughtfully designed 2-story townhome offers an abundance of well-planned living space, perfect for comfortable everyday living. Additional features include 2 bedrooms, 2.5 bathrooms, an open-concept living space, quartz kitchen countertops, a patio, an owner's en-suite bathroom, a 2-car garage, and much more! This townhome showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan ensures no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, 5640 Dutch Lane provides an excellent opportunity for homebuyers seeking new construction quality and design!

3. 2026-04-17
   price $349,030 1303-char remark

   Show marketing remark (1303 chars)

   Discover this stunning new construction home at 5640 Dutch Lane in Powell, built by M/I Homes. This thoughtfully designed 2-bedroom, 2.5-bathroom home offers 1,524 square feet of well-planned living space perfect for comfortable everyday living. Key Features: Open-concept living space Quartz kitchen countertops Patio Owner's en-suite bathroom This home showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan makes excellent use of the 1,524 square feet, ensuring no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, this M/I Homes construction represents an excellent opportunity for homebuyers seeking new construction quality and design. Contact our team to learn more about 5640 Dutch Lane! MLS# 226008439

4. 2026-04-16
   price $349,030 1236-char remark

   Show marketing remark (1236 chars)

   Welcome to 5640 Dutch Lane, an outstanding new construction townhome for sale in Powell. This thoughtfully designed 2-story townhome offers an abundance of well-planned living space, perfect for comfortable everyday living. Additional features include 2 bedrooms, 2.5 bathrooms, an open-concept living space, quartz kitchen countertops, a patio, an owner's en-suite bathroom, a 2-car garage, and much more! This townhome showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan ensures no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, 5640 Dutch Lane provides an excellent opportunity for homebuyers seeking new construction quality and design!

5. 2026-04-11
   price $355,030 1303-char remark

   Show marketing remark (1303 chars)

   Discover this stunning new construction home at 5640 Dutch Lane in Powell, built by M/I Homes. This thoughtfully designed 2-bedroom, 2.5-bathroom home offers 1,524 square feet of well-planned living space perfect for comfortable everyday living. Key Features: Open-concept living space Quartz kitchen countertops Patio Owner's en-suite bathroom This home showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan makes excellent use of the 1,524 square feet, ensuring no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, this M/I Homes construction represents an excellent opportunity for homebuyers seeking new construction quality and design. Contact our team to learn more about 5640 Dutch Lane! MLS# 226008439

6. 2026-04-09
   price $355,030 1236-char remark

   Show marketing remark (1236 chars)

   Welcome to 5640 Dutch Lane, an outstanding new construction townhome for sale in Powell. This thoughtfully designed 2-story townhome offers an abundance of well-planned living space, perfect for comfortable everyday living. Additional features include 2 bedrooms, 2.5 bathrooms, an open-concept living space, quartz kitchen countertops, a patio, an owner's en-suite bathroom, a 2-car garage, and much more! This townhome showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan ensures no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, 5640 Dutch Lane provides an excellent opportunity for homebuyers seeking new construction quality and design!

7. 2026-03-20
   listed $360,030 Active 1236-char remark

   Show marketing remark (1236 chars)

   Welcome to 5640 Dutch Lane, an outstanding new construction townhome for sale in Powell. This thoughtfully designed 2-story townhome offers an abundance of well-planned living space, perfect for comfortable everyday living. Additional features include 2 bedrooms, 2.5 bathrooms, an open-concept living space, quartz kitchen countertops, a patio, an owner's en-suite bathroom, a 2-car garage, and much more! This townhome showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan ensures no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, 5640 Dutch Lane provides an excellent opportunity for homebuyers seeking new construction quality and design!

8. 2025-11-25
   price $360,030 1303-char remark

   Show marketing remark (1303 chars)

   Discover this stunning new construction home at 5640 Dutch Lane in Powell, built by M/I Homes. This thoughtfully designed 2-bedroom, 2.5-bathroom home offers 1,524 square feet of well-planned living space perfect for comfortable everyday living. Key Features: Open-concept living space Quartz kitchen countertops Patio Owner's en-suite bathroom This home showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan makes excellent use of the 1,524 square feet, ensuring no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, this M/I Homes construction represents an excellent opportunity for homebuyers seeking new construction quality and design. Contact our team to learn more about 5640 Dutch Lane! MLS# 226008439

9. 2025-11-14
   listed $370,030 Active 1303-char remark

   Show marketing remark (1303 chars)

   Discover this stunning new construction home at 5640 Dutch Lane in Powell, built by M/I Homes. This thoughtfully designed 2-bedroom, 2.5-bathroom home offers 1,524 square feet of well-planned living space perfect for comfortable everyday living. Key Features: Open-concept living space Quartz kitchen countertops Patio Owner's en-suite bathroom This home showcases excellent design principles with its open-concept layout that creates a natural flow between living spaces. The upstairs owner's bedroom provides a private retreat, while the second bedroom offers flexibility for guests, home office, or family needs. The thoughtful floorplan makes excellent use of the 1,524 square feet, ensuring no space is wasted. Every detail has been carefully considered to provide a comfortable and functional living environment. Located in the desirable Powell area, this home offers access to excellent local amenities and recreational opportunities. The neighborhood provides a welcoming community atmosphere with convenient access to parks and outdoor activities. Built with quality materials and craftsmanship, this M/I Homes construction represents an excellent opportunity for homebuyers seeking new construction quality and design. Contact our team to learn more about 5640 Dutch Lane! MLS# 226008439

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $30,954
• − Mortgage interest: −$19,271
• − Property taxes: −$5,160
• − Insurance: −$1,720
• − Repairs & maintenance: −$2,476
• − Management: −$2,476
• − HOA: −$3,120
• − Depreciation: −$10,008
• Taxable loss: −$13,278
• Est. tax savings @ 24.0%: +$3,187
• After-tax cash flow: $-4,009/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Olentangy Local
• NCES district ID: 3904676
• Math proficiency: 81% ▼ -8.00%
• Reading proficiency: 84% ▼ -5.00%
• Median HH income: $111,074
• Composite: 75.56/100
• National rank: #132
• State rank: #18 of 656 in OH

Livability — Powell

• Score: 77/100
• State rank: #201
• US rank: #3091

Category grades

Amenities F Commute F Cost of living F Crime A+ Employment A+ Housing A+ Health & safety F User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Delaware County · 203,207 people
• City population: 46,679
• Metro: Columbus, OH
• Population (ZIP): 46,679
• Household income: $154,481
• Rent vs Own: 13.7% rent · 86.3% own
• Severe rent burden: 351.0

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 230,854 people
• By 2030: 249,294 · +8.0%
• By 2040: 284,223 · +23.1%
• By 2050: 315,314 · +36.6%
• By 2075: 379,462 · +64.4%
• By 2100: 403,158 · +74.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (80%)
• Race & ethnicity: White 80% Asian 11% Two or more races 5% Hispanic / Latino 3% Black 2%
• Common ancestry: Romanian 5% Slovak 3% Lithuanian 3%
• Foreign-born: 10% · China, Canada
• Languages at home: 87% English-only · Other Indo-European 4% Other Asian/Pacific 3% Chinese 2%

Political lean MEDSL · Delaware

• 2024 margin: Lean R (+6.6) · D 46.2% · R 52.8%
• 2008→2024 swing: +13.0pp toward D · 2008: -19.6pp · 2024: -6.6pp
• All cycles: 2024: R+6.6 2020: R+6.8 2016: R+16.1 2012: R+23.7 2008: R+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -215.55%
• Current HPI: 233.6439
• Rent YoY: ▲ 3.86%
• Metro: Columbus, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

-7.0% since first listed

9 events — show timeline

• 2026-05-09 Price Changed $344,030 Zillow
• 2026-05-09 Price Changed $344,030 CBRMLS
• 2026-04-17 Price Changed $349,030 Zillow
• 2026-04-16 Price Changed $349,030 CBRMLS
• 2026-04-11 Price Changed $355,030 Zillow
• 2026-04-09 Price Changed $355,030 CBRMLS
• 2026-03-20 Listed $360,030 CBRMLS
• 2025-11-25 Price Changed $360,030 Zillow
• 2025-11-14 Listed $370,030 Zillow