1590 Covington BlvdFranklinIN46131
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Nearby investment properties with comparable prices
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 1590 Covington Blvd, Franklin, IN, 46131 with 5% annual appreciation on a $445,685 basis while $2,184/mo rent supports operations. 55% in year one. Equity gained on principal adds $2,876/yr, and five-year appreciation sums $123,135 alongside rental yield of 5.88%. Five-year ROI measures 79.37% and total cumulative return in cash totals $117,259. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,184/mo property income versus a $2,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
$550 annually HOA
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Nearby investment properties with comparable prices
Listed by: Erin Hundley • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22029371
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