7116 Dominican Dr Dayton, OH 45415
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About this home
Welcome to 7116 Dominican Dr — where luxury meets everyday comfort. This stunning two-story residence spans an impressive 5,300 sq ft, offering five spacious bedrooms and five beautifully appointed bathrooms. Step through the grand foyer—complete with two coat closets—and into a home designed for both elegant entertaining and relaxed living. The bright and inviting living room sets the tone for gatherings, while the cozy family room with its wood-burning fireplace invites warm evenings of laughter and connection. The formal dining room offers the perfect space for hosting memorable dinners, and the expansive eat-in kitchen is a chef’s dream—featuring modern amenities, generous counter space, and a welcoming casual dining area. The finished basement, complete with a full bath, provides endless versatility—perfect as a media room, home gym, office, or guest suite. Step outside to your private retreat: an expansive, fenced backyard shaded by mature trees. Enjoy al fresco dining on the patio, unwind beneath the gazebo, or cool off in the sparkling 18x33 oval pool with adjoining deck—ideal for summer fun and relaxation. Car enthusiasts and entertainers alike will love the three-car attached garage with an EV charger, plus a two-car detached garage with a custom bar—perfect for lively gatherings or quiet evenings. Every detail at 7116 Dominican Dr has been thoughtfully curated to create a space that feels both elegant and welcoming. Experience the perfect blend of style, comfort, and functionality—your dream home awaits.
Source: DAYTON #946396
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FAQs
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.