1982 W 100 N, Franklin, IN, 46131 | 6.08% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1982 W 100 N, Franklin, IN, 46131 | 6.08% Rental Yield | 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 Franklin at 1982 W 100 N, Franklin, IN, 46131 earns from $1,974/mo rent with a $1,908/mo payment. Total monthly income totals $1,974/mo. ROI tracks 16.51% on current figures, and rental yield reads 6.08% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 84.37% and total cumulative return in cash sums $109,045. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,974/mo property income instead of your personal income.

Single Family

Built in 1959

3 Acres lot

$N/A/sqft

No HOA

More details about the property

Great country living opportunity just west of Hopewell on 100 N in Franklin. This one owner ranch home offers a great room, 3 bedrooms, nice kitchen and dining room plus a mud room and full bath on the main level - with hardwood floors in all but the bath and kitchen. The large great room has great natural lighting from windows and also a gas log fireplace with blower. Adjacent to the great room is dining area and the kitchen - all pretty open type living. The bedrooms all offer cedar lined closets and good storage. Updated vinyl windows and the bathroom has a full separate shower and full separate tub along with two vanities on the main level. Downstairs you'll find a large open family room with built in cabinetry and desk space on one end of the room and a nice brick fireplace on another wall. There is a 1/2 bath downstairs. Basement is carpeted and has paneling on the walls. Lots of entertainment space! New well was just installed - running 10 gpm. Outside you will find a nice 3 acre lot with great country views each way. Farm ground abounds and you might catch site of an eagle or two or even some deer. Lots of space for a garden or a few small animals too. Don't miss this one if you want to live in a quiet area with lots of open space. Opportunity is knocking!