1310 N Maish Rd, Frankfort, IN, 46041 | $276/mo Cash Flow

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1310 N Maish Rd, Frankfort, IN, 46041 | $276/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

Investment property for sale in Frankfort at 1310 N Maish Rd, Frankfort, IN, 46041 offers a 8.67% rental yield on a $225,000 purchase with $1,626/mo rent. Total monthly income registers $1,626/mo, and a $1,101/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,307/yr on $74,588 to close, and return on cash invested stands at 24.34% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 126.4% and total cumulative return in cash at $94,281. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,626/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1964

0.51 Acres lot

$N/A/sqft

No HOA

More details about the property

Updated Country Home with 3 Bedrooms, 2 Garages, and Room to Roam! Welcome to 1310 N Maish Rd, where modern updates meet peaceful country living just minutes from town. This beautifully maintained 3-bedroom, 1-bath home offers 1,274 sq ft of living space and sits on over half an acre of level yard. Enjoy peace of mind with a 3-year-old roof, brand-new HVAC, new windows, new vinyl siding, and durable vinyl flooring throughout. The property features both an attached and a detached garage, offering plenty of space for vehicles, hobbies, or storage. A full-property underground pet fence, even beneath the driveway, is perfect for pet owners. Located close to schools, dining, and shopping, this property gives you the perfect blend of country charm and city convenience.

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