1115 Cobra Dr,Franklin,IN,46131

Investment Highlights

Rental property for sale in Franklin at 1115 Cobra Dr, Franklin, IN, 46131 generates $1,974/mo in rent and, after a $1,123/mo payment, leaves $597/mo in cash flow. Total monthly income is $1,974/mo, and annual cash flow is $7,160/yr on $76,079 invested. Return on cash invested sits at 29.32% in year one, and rental yield is 10.32% on a $229,500 entry. Equity gained on principal adds $1,481/yr, while 5% annual appreciation builds toward $63,407 over five years. Five-year ROI reaches 153.08% and total cumulative return in cash sums $116,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,974/mo property income rather than buyer’s personal income.