5701 Dutch Ln · Powell, OH 43065

$450,640

3 bd · 2.5 ba · 2,049 sqft · Townhouse · 76 Days on market

Built 2026 $220/sqft · 30% below area Est $648k · 30% under

---

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 +15.0/15.0
• Schools +7.6/10.0
• Cash flow +6.0/30.0
• Livability +3.9/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.3/10.0
• DSCR +0.4/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 5701 Dutch Lane, Powell, OH — a stunning new construction townhome built by M/I Homes. This thoughtfully designed home offers 2,049 square foot of well-planned living space, featuring 3 bedrooms, 2.5 bathrooms, and an open-concept living space that creates a seamless flow between the main gathering areas. Key Features: Fireplace Patio Quartz countertops Owner's en-suite bathroom Built with quality of design at the forefront, this home showcases the craftsmanship and attention to detail that M/I Homes is known for. The open-concept layout provides a bright, airy atmosphere ideal for both everyday living and entertaining. The bedrooms and laundry are conveniently located on the upper level. This home at 5701 Dutch Lane in Powell, OH represents an outstanding opportunity to own a brand-new home with a thoughtful floorplan and high-quality finishes. Every detail has been carefully considered to deliver comfort, functionality, and lasting value for years to come.

Key facts

• Natural wood accents
• Black-lined windows
• Grand family room

Tags

• FARMHOUSE EXTERIOR
• NATURAL WOOD ACCENTS
• BLACK-LINED WINDOWS
• OPEN SIGHTLINE
• GRAND FAMILY ROOM
• OPEN-CONCEPT LAYOUT

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath townhouse listed at $451k.

Deal economics

• At list price, monthly cash flow is $-860 ($-10k/yr) — negative.
• To cash-flow at today's rent, offer at most $326k (27.6% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $285k (36.7% below list).
• Recommended offer: $285k (36.7% below list) — sets the bar for 1% rule.
• Cap rate 4.0% vs local median 2.8% 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: crime A+, employment A+, housing 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.
• Zoned schools: Indian Springs Elementary (math 89% / reading 90%, grade A+, #24 of 1,584 statewide, top 2%, 654 students, 6% FRL); Hyatts Middle School (math 87% / reading 87%, grade A+, #7 of 654 statewide, top 1%, 930 students, 5% FRL); Olentangy Liberty High School (math 75% / reading 92%, grade A, #20 of 781 statewide, top 2%, 1,877 students, 3% FRL) — zoned schools at 5% FRL track the district average.
• Market conditions: Rents rising (+3.9%/yr); 307 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals lingering (median 46d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 80% 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 $3k of loan paydown is wiped out by about $14k 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 76 days — a 6% lower offer ($424k) is reasonable based on typical stale-listing flexibility.

Recommended offer $285,368 (36.7% 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 76 days. Have you received any prior offers? Is the seller open to a 37% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 0.63% ✗
• Cap rate: 4.00%
• Cash-on-cash: -8.18%
• DSCR: 0.64
• GRM: 13.2

CMA / ARV

• ARV (median comp): $647,540
• List price: $450,640
• Delta: -30.41%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5494 Dutch Ln	0.18mi	2/2.5 (-1)	2,049 (0%)	7mo	$422,060	$206	81
6079 Ludwig St	0.50mi	3/3.0	1,884 (-8%)	4mo	$520,000	$276	58
3218 Korg St	0.55mi	3/3.0	2,234 (+9%)	7mo	$621,250	$278	51
3391 Korg St	0.67mi	2/2.0 (-1)	2,056 (+0%)	12mo	$630,980	$307	51
5975 Ludwig St	0.52mi	2/2.5 (-1)	2,158 (+5%)	20mo	$579,795	$269	45
5967 Ibanez Dr	0.47mi	3/3.0	2,297 (+12%)	17mo	$843,885	$367	42
6162 Bishop Blvd	0.66mi	2/2.0 (-1)	1,953 (-5%)	16mo	$517,980	$265	41
3349 Majestic Way	0.65mi	2/2.0 (-1)	1,886 (-8%)	11mo	$603,900	$320	40
3053 Sinatra Way	0.61mi	2/2.0 (-1)	2,164 (+6%)	18mo	$462,500	$214	40
3019 Sinatra Way Lot 62	0.63mi	2/2.0 (-1)	2,096 (+2%)	24mo	$508,000	$242	40
6235 Lawford Ln	0.72mi	2/2.0 (-1)	2,158 (+5%)	24mo	$475,000	$220	31

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: -29.7%
• Equity multiple: 0.01×
• Total profit: $-125,255
• Equity at exit: $67,192

10-year hold

• IRR: -27.3%
• Equity multiple: -0.34×
• Total profit: $-169,014
• Equity at exit: $38,963

Cash invested: $126,179 (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: 307
• Price-to-rent: 13.2×

Monthly cashflow live

• Estimated rent: $2,854 high
• Mortgage (P&I): −$2,363
• Tax est. 1.5%: −$563 /mo · $6,760/yr
• Insurance: −$188
• HOA: −$0
• Vacancy / Maint / Mgmt: −$599
• Net cashflow: $-860

Break-even live

Break-even rent $3,942

Max offer price $326,216

Occupancy floor —

Sensitivity live

Price	-10% $-548	-5% $-704	+0% $-860	+5% $-1,016	+10% $-1,171
Rent	-10% $-1,085	-5% $-973	+0% $-860	+5% $-747	+10% $-634
Rate	-1.0pp $-633	-0.5pp $-745	base $-860	+0.5pp $-977	+1.0pp $-1,095

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: $112,660
• Closing costs: $13,519
• Reserves months: —
• Total cash needed: —

Rent comps 5 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5494 Dutch Ln Powell, OH	2.0	2.5	2049	$2,800	$1.37	45d	1	0.17mi
5478 Dutch Ln Powell, OH	3.0	2.5	1792	$2,800	$1.56	45d	1	0.18mi
6650 Liberty Grand Blvd Powell, OH	1.0–3.0	1.0–2.5	1355	$3,040	$2.24	3d	11	1.24mi
6932 Kinsale Ln Powell, OH	4.0	3.0	1810	$2,700	$1.49	45d	1	1.36mi
3225 Rossmore Cir Powell, OH	2.0	2.0	1769	$2,295	$1.30	45d	1	1.49mi

Listing history 10 events

1. 2026-06-10
   days on market $450,640 Active 76 DOM
2. 2026-06-08
   days on market $450,640 Active 75 DOM
3. 2026-06-07
   days on market $450,640 Active 74 DOM
4. 2026-06-05
   days on market $450,640 Active 71 DOM
5. 2026-06-03
   days on market $450,640 Active 70 DOM
6. 2026-06-02
   days on market $450,640 Active 69 DOM
7. 2026-06-01
   days on market $450,640 Active 68 DOM
8. 2026-05-31
   days on market $450,640 Active 67 DOM
9. 2026-04-02
   price $450,640 995-char remark

   Show marketing remark (995 chars)

   Welcome to 5701 Dutch Lane, Powell, OH — a stunning new construction townhome built by M/I Homes. This thoughtfully designed home offers 2,049 square foot of well-planned living space, featuring 3 bedrooms, 2.5 bathrooms, and an open-concept living space that creates a seamless flow between the main gathering areas. Key Features: Fireplace Patio Quartz countertops Owner's en-suite bathroom Built with quality of design at the forefront, this home showcases the craftsmanship and attention to detail that M/I Homes is known for. The open-concept layout provides a bright, airy atmosphere ideal for both everyday living and entertaining. The bedrooms and laundry are conveniently located on the upper level. This home at 5701 Dutch Lane in Powell, OH represents an outstanding opportunity to own a brand-new home with a thoughtful floorplan and high-quality finishes. Every detail has been carefully considered to deliver comfort, functionality, and lasting value for years to come.

10. 2026-03-26
    listed $448,640 Active 995-char remark

    Show marketing remark (995 chars)

    Welcome to 5701 Dutch Lane, Powell, OH — a stunning new construction townhome built by M/I Homes. This thoughtfully designed home offers 2,049 square foot of well-planned living space, featuring 3 bedrooms, 2.5 bathrooms, and an open-concept living space that creates a seamless flow between the main gathering areas. Key Features: Fireplace Patio Quartz countertops Owner's en-suite bathroom Built with quality of design at the forefront, this home showcases the craftsmanship and attention to detail that M/I Homes is known for. The open-concept layout provides a bright, airy atmosphere ideal for both everyday living and entertaining. The bedrooms and laundry are conveniently located on the upper level. This home at 5701 Dutch Lane in Powell, OH represents an outstanding opportunity to own a brand-new home with a thoughtful floorplan and high-quality finishes. Every detail has been carefully considered to deliver comfort, functionality, and lasting value for years to come.

ⓘ 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: $34,244
• − Mortgage interest: −$25,243
• − Property taxes: −$6,760
• − Insurance: −$2,253
• − Repairs & maintenance: −$2,740
• − Management: −$2,740
• − Depreciation: −$13,110
• Taxable loss: −$18,600
• Est. tax savings @ 24.0%: +$4,464
• After-tax cash flow: $-5,854/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

+0.4% since first listed

2 events — show timeline

• 2026-04-02 Price Changed $450,640 Zillow
• 2026-03-26 Listed $448,640 Zillow