10 E Green St, Frankfort, IN, 46041 | $358/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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10 E Green St, Frankfort, IN, 46041 | $358/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Frankfort at 10 E Green St, Frankfort, IN, 46041 priced at $239,900 converts $1,798/mo rent into $358/mo cash flow after a $1,174/mo obligation. Total monthly income equals $1,798/mo, and annual cash flow totals $4,297/yr on $79,527 invested. Return on cash invested prints 25.31% in year one, and rental yield reads 8.99% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 131.62% and total cumulative return in cash sums $104,671. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,798/mo property income covering a $1,174/mo payment, not borrower’s personal income.

Single Family

Built in 1920

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Pull into the private driveway and you will see the beautiful new privacy fenced back yard with an electronic gate that opens so you can drive right in. Two separate garage bays and doors and has window AC. Inside, you will see the natural woodwork throughout. Very large rooms for your growing family! the newly remodeled kitchen will surely catch your eye! One bedroom on the main level and 3 are upstairs! Newer windows roof in 2019. Lots to love about this home located in the heart of Frankfort close to everything you need! Make your appointment to see this one before it is gone! Selling As Is only but inspections are welcome. *Brand new siding!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46041, Frankfort, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,792 (100%)
Owner Occupied HU	6,307 (64.4%)
Renter Occupied HU	2,766 (28.2%)
Vacant Housing Units	719 ( 7.3%)
Median Home Value	$177,745
Average Home Value	$249,421