






A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Franklin at 1039 Supernova Dr, Franklin, IN, 46131 priced at $309,995 converts $1,974/mo rent into $91/mo cash flow after a $1,517/mo obligation. Total monthly income equals $1,974/mo, and annual cash flow totals $1,086/yr on $102,763 invested. Return on cash invested prints 20.97% in year one, and rental yield reads 7.64% against a $309,995 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,646 by year five. Five-year ROI reaches 108.38% and total cumulative return in cash sums $111,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,974/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
$275 annually HOA
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Price change | $309,995 |
| 2025-06-10 | Listed for sale | $319,995 |
| 2025-04-19 | Listing removed | $319,098 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-13 | $14.48 | N/A | $600 | 50.00% |
| 2023-08-13 | N/A | N/A | $400 | N/A |



Listed by: Alison McConnell • Ridgeline Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22056235
Disclaimer: Based on information submitted to the MLS GRID as of 2025-08-13 07:37:53 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)