Real Estate Investment Properties for Sale in New Franklin, OH

Looking for investment property in New Franklin, OH with high ROI ?

Explore a variety of short-term homes & houses in New Franklin, OH. Invest wisely with VRBO & New Franklin, OH Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in New Franklin, OH

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1366 Castalia Dr New Franklin, OH Welcome to this custom built colonial home located in desirable Coventry School District. ...	4 beds \| 2 baths \| 2,890 sq.ft.	$550,000	Airbnb cash on cash: 1% Traditional cash on cash: 2.66% Airbnb Rental Income: $2402 Traditional Rental Income: $2669 Airbnb ROI: 1% Traditional ROI: 2.66%
3699 Creedmoor Rd New Franklin, OH 3699 Creedmoor Rd, New Franklin, OH 44203 \| Single Family Residential	3 beds \| 3 baths \| 1,898 sq.ft.	$314,990	Airbnb cash on cash: -0.1% Traditional cash on cash: 5.36% Airbnb Rental Income: $1206 Traditional Rental Income: $2434 Airbnb ROI: -0.1% Traditional ROI: 5.36%
5336 Donner Dr New Franklin, OH 5336 Donner Dr, New Franklin, OH 44216 \| Single Family Residential	5 beds \| 2 baths \| 1,172 sq.ft.	$259,000	Airbnb cash on cash: 6.9% Traditional cash on cash: 2.19% Airbnb Rental Income: $3108 Traditional Rental Income: $1249 Airbnb ROI: 6.9% Traditional ROI: 2.19%
6308 Manchester Rd New Franklin, OH Welcome to your own private country oasis in New Franklin! Nestled on nearly 2 wooded acre...	3 beds \| 3 baths \| 2,104 sq.ft.	$439,999	Airbnb cash on cash: -0.63% Traditional cash on cash: 4.61% Airbnb Rental Income: $1206 Traditional Rental Income: $2972 Airbnb ROI: -0.63% Traditional ROI: 4.61%
V/L - 33 AC S Arlington Rd New Franklin, OH V/L - 33 AC S Arlington Rd, New Franklin, OH 44216 \| Other	N/A beds \| N/A baths \| N/A	$1,200,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.23% Airbnb Rental Income: $null Traditional Rental Income: $448 Airbnb ROI: N/A Traditional ROI: -2.23%
3771 S Turkeyfoot Rd New Franklin, OH Meticulously maintained and thoughtfully upgraded ranch located in New Franklin City/Cove...	2 beds \| 1 baths \| 1,054 sq.ft.	$217,500	Airbnb cash on cash: -0.76% Traditional cash on cash: 2.55% Airbnb Rental Income: $779 Traditional Rental Income: $1141 Airbnb ROI: -0.76% Traditional ROI: 2.55%
4944 Coleman Dr New Franklin, OH Welcome home to 4944 Coleman Dr! Nestled on a corner lot, this fantastic Portage Lakes hom...	4 beds \| 2 baths \| 1,504 sq.ft.	$270,000	Airbnb cash on cash: 4.72% Traditional cash on cash: 3.04% Airbnb Rental Income: $2402 Traditional Rental Income: $1385 Airbnb ROI: 4.72% Traditional ROI: 3.04%
4385 Rex Lake Dr New Franklin, OH Welcome to this beautifully remodeled ranch home located near the desirable Portage Lakes ...	3 beds \| 2 baths \| 1,000 sq.ft.	$289,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.38% Airbnb Rental Income: $1206 Traditional Rental Income: $1760 Airbnb ROI: 0.92% Traditional ROI: 4.38%
5261 Dailey Rd New Franklin, OH Are you dreaming of having more space, country living but still convenient to shopping and...	5 beds \| 2 baths \| N/A	$359,000	Airbnb cash on cash: 4.74% Traditional cash on cash: 9.03% Airbnb Rental Income: $3108 Traditional Rental Income: $3847 Airbnb ROI: 4.74% Traditional ROI: 9.03%
408 Center Rd New Franklin, OH Beautifully updated ranch situated on just under 7 scenic acres - truly an ENTERTAINER'S P...	4 beds \| 2 baths \| 1,992 sq.ft.	$1,200,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.78% Airbnb Rental Income: $2402 Traditional Rental Income: $3812 Airbnb ROI: -0.01% Traditional ROI: 1.78%
4160 State Park Dr New Franklin, OH 4160 State Park Dr, New Franklin, OH 44319 \| Single Family Residential	3 beds \| 3 baths \| 1,740 sq.ft.	$399,900	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.14% Airbnb Rental Income: $1206 Traditional Rental Income: $1850 Airbnb ROI: -0.62% Traditional ROI: 2.14%
5912 Woodward Dr New Franklin, OH 5912 Woodward Dr, New Franklin, OH 44319 \| Single Family Residential	3 beds \| 1 baths \| 1,590 sq.ft.	$299,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 0.92% Airbnb Rental Income: $1206 Traditional Rental Income: $1068 Airbnb ROI: 0.03% Traditional ROI: 0.92%
4698 MANCHESTER ROAD New Franklin, OH Discover this unique and spacious brick and vinyl colonial located in the desirable Manche...	5 beds \| 3 baths \| 3,342 sq.ft.	$324,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 4.72% Airbnb Rental Income: $3108 Traditional Rental Income: $2305 Airbnb ROI: 5.03% Traditional ROI: 4.72%
120 Center Road New Franklin, OH Attention Investors Well maintained duplex featuring 3 bedrooms on one side with a two...	5 beds \| 2 baths \| 1,750 sq.ft.	$290,000	Airbnb cash on cash: 5.97% Traditional cash on cash: 4.78% Airbnb Rental Income: $3108 Traditional Rental Income: $2077 Airbnb ROI: 5.97% Traditional ROI: 4.78%
134 Center Road New Franklin, OH Attention Investors Turnkey opportunity to buy this duplex that has been well maintain...	4 beds \| 2 baths \| 1,664 sq.ft.	$260,000	Airbnb cash on cash: 4.5% Traditional cash on cash: 4.8% Airbnb Rental Income: $2402 Traditional Rental Income: $1885 Airbnb ROI: 4.5% Traditional ROI: 4.8%
Lafayette Dr NW New Franklin, OH Lafayette Dr NW, New Franklin, OH 44614 \| Other	N/A beds \| N/A baths \| 2,176 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.23% Airbnb Rental Income: $null Traditional Rental Income: $877 Airbnb ROI: N/A Traditional ROI: 1.23%
S/L 6 W Lakewood Dr New Franklin, OH ***Model Home is located at 542 E Lakewood Dr, Canal Fulton, OH. 44614 and open weekly Sat...	3 beds \| 2 baths \| 2,200 sq.ft.	$629,180	Airbnb cash on cash: -1.37% Traditional cash on cash: 0.65% Airbnb Rental Income: $1206 Traditional Rental Income: $2003 Airbnb ROI: -1.37% Traditional ROI: 0.65%
S/L 27 E Lakewood Dr New Franklin, OH ***Model Home is located at 542 E Lakewood Dr, Canal Fulton, OH. 44614 and open weekly Sat...	3 beds \| 2 baths \| 2,300 sq.ft.	$599,620	Airbnb cash on cash: -1.32% Traditional cash on cash: 0.87% Airbnb Rental Income: $1206 Traditional Rental Income: $2040 Airbnb ROI: -1.32% Traditional ROI: 0.87%
S/L 18 W Lakewood Dr New Franklin, OH ***Model Home is located at 542 E Lakewood Dr, Canal Fulton, OH. 44614 and open weekly Sat...	4 beds \| 2 baths \| 2,231 sq.ft.	$580,620	Airbnb cash on cash: 0.56% Traditional cash on cash: 1.05% Airbnb Rental Income: $2402 Traditional Rental Income: $2076 Airbnb ROI: 0.56% Traditional ROI: 1.05%
S/L 15 W Lakewood Dr New Franklin, OH ***Model Home is located at 542 E Lakewood Dr, Canal Fulton, OH. 44614 and open weekly Sat...	3 beds \| 2 baths \| 2,372 sq.ft.	$666,930	Airbnb cash on cash: -1.44% Traditional cash on cash: 0.57% Airbnb Rental Income: $1206 Traditional Rental Income: $2067 Airbnb ROI: -1.44% Traditional ROI: 0.57%
S/L 14 W Lakewood Dr New Franklin, OH ***Model Home is located at 542 E Lakewood Dr, Canal Fulton, OH. 44614 and open weekly Sat...	3 beds \| 2 baths \| N/A	$598,395	Airbnb cash on cash: -1.31% Traditional cash on cash: 1.08% Airbnb Rental Income: $1206 Traditional Rental Income: $2151 Airbnb ROI: -1.31% Traditional ROI: 1.08%
S/L 1 E Lakewood Dr New Franklin, OH ***Model Home is located at 542 E Lakewood Dr, Canal Fulton, OH. 44614 and open weekly Sat...	4 beds \| 2 baths \| 2,196 sq.ft.	$614,720	Airbnb cash on cash: 0.39% Traditional cash on cash: -1.61% Airbnb Rental Income: $2402 Traditional Rental Income: $663 Airbnb ROI: 0.39% Traditional ROI: -1.61%
S/L 32 E Lakewood Dr New Franklin, OH ***Model Home is located at 542 E Lakewood Dr, Canal Fulton, OH. 44614 and open weekly Sat...	3 beds \| 2 baths \| 2,023 sq.ft.	$543,970	Airbnb cash on cash: -1.19% Traditional cash on cash: -1.49% Airbnb Rental Income: $1206 Traditional Rental Income: $663 Airbnb ROI: -1.19% Traditional ROI: -1.49%

Real Estate investment in New-franklin, OH

There are 24 properties for sale in the city of New Franklin . The median list price in New Franklin is $287,352 and the average price per square foot is $163. In June 2026, the average monthly cash on cash return in New Franklin is 2.00%. The average monthly rental income in New Franklin is $2,003.

New-franklin, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 24 investment properties available for sale in New-franklin.

In 2026, the best neighborhood to buy investment property is New Franklin.

The ROI for Long-Term is higher than the Short-Term in New-franklin with average rental income of $2,003.

Your search for investment property begins and ends here

Investment Property for Sale in New Franklin, OH

1366 Castalia Dr

New Franklin, OH

4 beds | 2 baths | 2,890 sq.ft.

$550,000

Airbnb cash on cash: 1%

Traditional cash on cash: 2.66%

Airbnb Rental Income: $2402

Traditional Rental Income: $2669

Airbnb ROI: 1%

Traditional ROI: 2.66%

3699 Creedmoor Rd

New Franklin, OH

3 beds | 3 baths | 1,898 sq.ft.

$314,990

Airbnb cash on cash: -0.1%

Traditional cash on cash: 5.36%

Airbnb Rental Income: $1206

Traditional Rental Income: $2434

Airbnb ROI: -0.1%

Traditional ROI: 5.36%

5336 Donner Dr

New Franklin, OH

5 beds | 2 baths | 1,172 sq.ft.

$259,000

Airbnb cash on cash: 6.9%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $3108

Traditional Rental Income: $1249

Airbnb ROI: 6.9%

Traditional ROI: 2.19%

6308 Manchester Rd

New Franklin, OH

3 beds | 3 baths | 2,104 sq.ft.

$439,999

Airbnb cash on cash: -0.63%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $1206

Traditional Rental Income: $2972

Airbnb ROI: -0.63%

Traditional ROI: 4.61%

V/L - 33 AC S Arlington Rd

New Franklin, OH

N/A beds | N/A baths | N/A

$1,200,000

Airbnb cash on cash: N/A

Traditional cash on cash: -2.23%

Airbnb Rental Income: $null

Traditional Rental Income: $448

Airbnb ROI: N/A

Traditional ROI: -2.23%

3771 S Turkeyfoot Rd

New Franklin, OH

2 beds | 1 baths | 1,054 sq.ft.

$217,500

Airbnb cash on cash: -0.76%

Traditional cash on cash: 2.55%

Airbnb Rental Income: $779

Traditional Rental Income: $1141

Airbnb ROI: -0.76%

Traditional ROI: 2.55%

4944 Coleman Dr

New Franklin, OH

4 beds | 2 baths | 1,504 sq.ft.

$270,000

Airbnb cash on cash: 4.72%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $2402

Traditional Rental Income: $1385

Airbnb ROI: 4.72%

Traditional ROI: 3.04%

4385 Rex Lake Dr

New Franklin, OH

3 beds | 2 baths | 1,000 sq.ft.

$289,900

Airbnb cash on cash: 0.92%

Traditional cash on cash: 4.38%

Airbnb Rental Income: $1206

Traditional Rental Income: $1760

Airbnb ROI: 0.92%