150 S Main St #401FranklinIN46131
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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
Investment Highlights
Investment property for sale in Franklin at 150 S Main St #401, Franklin, IN, 46131 offers a 3.11% rental yield on a $650,000 purchase with $1,686/mo rent. 16% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 34.38% and total cumulative return in cash at $73,526. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,686/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2024
10,454 sqft lot
$N/A/sqft
$1,000 annually HOA
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Nearby investment properties with comparable prices
Listed by: Janna Long • Janna Long Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21996783
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