5706 Dutch Ln · Powell, OH 43065

$419,910

3 bd · 2.5 ba · 2,136 sqft · SingleFamily · 12 Days on market

Built 2026 $197/sqft · 35% below area Est $647k · 35% under $260/mo HOA · 9% of rent ↓ 2% 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 +15.0/15.0
• Schools +7.6/10.0
• Cash flow +5.4/30.0
• Livability +3.9/5.0
• Rent growth +3.5/5.0
• Condition / age +2.5/5.0
• 1% rule +1.8/10.0
• DSCR +0.0/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 5706 Dutch Lane, Powell, Ohio — a beautifully designed new construction townhome built by M/I Homes. This thoughtfully crafted home offers 2,136 square foot of well-planned living space, combining quality design with everyday comfort. Key Features: 3 bedrooms, 2.5 bathrooms 2-car garage First-floor owner's suite Patio Loft This home reflects the quality of design that M/I Homes is known for. From the carefully selected finishes to the spacious open-concept living space, every element has been considered to deliver a home that feels both inviting and refined. The main-level owner's bedroom provides a private retreat with convenient access to a well-appointed en-suite bathroom. The floorplan flows naturally from room to room, creating a sense of openness while still offering defined spaces for relaxation and gathering. With 2 bathrooms, the home ensures comfort and convenience for both residents and guests alike. Built with precision and care, this new construction home at 5706 Dutch Lane in Powell, Ohio presents an outstanding opportunity to own a home that prioritizes quality design and thoughtful living spaces. MLS# 226020939

Key facts

• 2 garage spots
• Built 2026
• Listed 12 days

Tags

• NEW CONSTRUCTION TOWNHOME
• FIRST-FLOOR OWNER'S SUITE

Property features AI

Finance

• Other: Home warranty provided
• HOA & community: Homeowners association with monthly fee; HOA amenities include bike/walk path, park, and sidewalks; HOA fee covers lawn care and snow removal

Exterior

• Parking: Attached garage with garage door opener; 2-car garage
• Utilities: Public water; Public sewer
• Home design: Single-family residence townhouse; End unit with one common wall; Two levels; New construction (2026)
• Construction: Built in 2026; Poured foundation
• Exterior features: Patio; Poured foundation

Interior

• Bedrooms: One main-level bedroom
• Flooring: Carpet; Ceramic/porcelain; Vinyl
• Bathrooms: Two full bathrooms and one half bathroom (2.5 total)
• Heating & cooling: Central air conditioning; Forced air heating
• Interior features: Insulated windows throughout; Patio

What this means for you Summary

Snapshot

• This is a 3-bed/2.5-bath single-family listed at $420k.

Deal economics

• At list price, monthly cash flow is $-907 ($-11k/yr) — negative.
• To cash-flow at today's rent, offer at most $289k (31.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $285k (32.0% below list).
• Recommended offer: $285k (32.0% below list) — sets the bar for 1% rule.
• Cap rate 3.7% 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 $13k 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

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 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 $285,368 (32.0% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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?
6. 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.
7. 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.
8. 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: 0.68% ✗
• Cap rate: 3.70%
• Cash-on-cash: -9.26%
• DSCR: 0.59
• GRM: 12.3

CMA / ARV

• ARV (median comp): $647,095
• List price: $419,910
• Delta: -33.56%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5636 Dutch Ln	0.09mi	3/2.5	2,136 (0%)	0mo	$432,760	$203	96
5679 Valleydale Rd	0.06mi	3/2.5	2,115 (-1%)	1mo	$463,190	$219	95
5695 Valleydale Rd	0.05mi	3/2.5	2,028 (-5%)	1mo	$470,200	$232	89
5631 Valleydale Rd	0.11mi	3/2.5	2,028 (-5%)	1mo	$467,560	$231	86
5639 Valleydale Rd	0.10mi	3/2.5	2,259 (+6%)	1mo	$478,120	$212	85
5614 Dutch Ln	0.11mi	2/2.5 (-1)	2,049 (-4%)	1mo	$414,520	$202	82
2770 Drycreek Ct	0.26mi	3/2.5	2,028 (-5%)	1mo	$472,110	$233	78
5524 Fawnsbury Ct	0.20mi	2/2.5 (-1)	2,049 (-4%)	1mo	$414,350	$202	78
5503 Fawnsbury Ct	0.23mi	2/2.5 (-1)	2,049 (-4%)	2mo	$409,080	$200	76
5492 Fawnsbury Ct	0.24mi	2/2.5 (-1)	2,049 (-4%)	1mo	$406,470	$198	76
5703 Valleydale Rd	0.04mi	3/2.5	2,417 (+13%)	0mo	$501,550	$208	76
3229 Natal Ln	0.58mi	2/2.0 (-1)	1,894 (-11%)	1mo	$594,920	$314	46

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: -31.7%
• Equity multiple: -0.05×
• Total profit: $-123,149
• Equity at exit: $62,610

10-year hold

• IRR: -31.0%
• Equity multiple: -0.45×
• Total profit: $-170,438
• Equity at exit: $36,306

Cash invested: $117,575 (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: 12.3×

Monthly cashflow live

• Estimated rent: $2,854 high
• Mortgage (P&I): −$2,202
• Tax est. 1.5%: −$525 /mo · $6,299/yr
• Insurance: −$175
• HOA: −$260
• Vacancy / Maint / Mgmt: −$599
• Net cashflow: $-907

Break-even live

Break-even rent $4,002

Max offer price $288,594

Occupancy floor —

Sensitivity live

Price	-10% $-617	-5% $-762	+0% $-907	+5% $-1,053	+10% $-1,198
Rent	-10% $-1,133	-5% $-1,020	+0% $-907	+5% $-795	+10% $-682
Rate	-1.0pp $-696	-0.5pp $-801	base $-907	+0.5pp $-1,016	+1.0pp $-1,127

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: $104,978
• Closing costs: $12,597
• 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

HOA detail

• Monthly dues: $260 · $3,120/yr

Listing history 19 events

1. 2026-06-21
   days on market $419,910 Active 12 DOM
2. 2026-06-18
   days on market $419,910 Active 9 DOM

   Show marketing remark (1168 chars)

   Welcome to 5706 Dutch Lane, Powell, Ohio — a beautifully designed new construction townhome built by M/I Homes. This thoughtfully crafted home offers 2,136 square foot of well-planned living space, combining quality design with everyday comfort. Key Features: 3 bedrooms, 2.5 bathrooms 2-car garage First-floor owner's suite Patio Loft This home reflects the quality of design that M/I Homes is known for. From the carefully selected finishes to the spacious open-concept living space, every element has been considered to deliver a home that feels both inviting and refined. The main-level owner's bedroom provides a private retreat with convenient access to a well-appointed en-suite bathroom. The floorplan flows naturally from room to room, creating a sense of openness while still offering defined spaces for relaxation and gathering. With 2 bathrooms, the home ensures comfort and convenience for both residents and guests alike. Built with precision and care, this new construction home at 5706 Dutch Lane in Powell, Ohio presents an outstanding opportunity to own a home that prioritizes quality design and thoughtful living spaces. MLS# 226020939

3. 2026-06-17
   price $419,910 Active 8 DOM
4. 2026-06-17
   days on market $429,910 Active 8 DOM
5. 2026-06-16
   days on market $429,910 Active 7 DOM
6. 2026-06-15
   days on market $429,910 Active 6 DOM
7. 2026-06-13
   days on market $429,910 Active 4 DOM
8. 2026-06-13
   days on market $429,910 Active 3 DOM
9. 2026-06-10
   remarks 699-char remark
10. 2026-06-10
    days on marketlisting id $429,910 Active 1 DOM
11. 2026-06-09
    days on market $429,910 Active 67 DOM
12. 2026-06-08
    days on market $429,910 Active 66 DOM
13. 2026-06-07
    days on market $429,910 Active 65 DOM
14. 2026-06-05
    days on market $429,910 Active 62 DOM
15. 2026-06-03
    days on market $429,910 Active 61 DOM
16. 2026-06-02
    days on market $429,910 Active 60 DOM
17. 2026-06-01
    days on market $429,910 Active 59 DOM
18. 2026-05-31
    days on market $429,910 Active 58 DOM
19. 2026-04-04
    listed $429,910 Active 1153-char remark

    Show marketing remark (1168 chars)

    Welcome to 5706 Dutch Lane, Powell, Ohio — a beautifully designed new construction townhome built by M/I Homes. This thoughtfully crafted home offers 2,136 square foot of well-planned living space, combining quality design with everyday comfort. Key Features: 3 bedrooms, 2.5 bathrooms 2-car garage First-floor owner's suite Patio Loft This home reflects the quality of design that M/I Homes is known for. From the carefully selected finishes to the spacious open-concept living space, every element has been considered to deliver a home that feels both inviting and refined. The main-level owner's bedroom provides a private retreat with convenient access to a well-appointed en-suite bathroom. The floorplan flows naturally from room to room, creating a sense of openness while still offering defined spaces for relaxation and gathering. With 2 bathrooms, the home ensures comfort and convenience for both residents and guests alike. Built with precision and care, this new construction home at 5706 Dutch Lane in Powell, Ohio presents an outstanding opportunity to own a home that prioritizes quality design and thoughtful living spaces. MLS# 226020939

ⓘ 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: −$23,521
• − Property taxes: −$6,299
• − Insurance: −$2,100
• − Repairs & maintenance: −$2,740
• − Management: −$2,740
• − HOA: −$3,120
• − Depreciation: −$12,216
• Taxable loss: −$18,490
• Est. tax savings @ 24.0%: +$4,438
• After-tax cash flow: $-6,452/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

-2.3% since first listed

4 events — show timeline

• 2026-06-18 Price Changed $419,910 Zillow
• 2026-06-17 Price Changed $419,910 CBRMLS
• 2026-06-09 Listed $429,910 CBRMLS
• 2026-04-04 Listed $429,910 Zillow