207 Spence LnFranklinKY42134
INVESTMENT ANALYSIS
Investment Verdict
Solid Income207 Spence Ln, Franklin, KY, 42134 in Franklin is a solid income-producing rental, 9.87% gross yield, $2,220/mo rent, $577/mo net cash flow on a $269,900 buy. DSCR 1.74 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $74,568 and $2,263/yr in principal reduction project a total cumulative return of $134,361.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 8.0% |
| Monthly Cash Flow | $577 | $450 |
City averages based on Franklin market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $1,601 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
0.39 Acres lot
$N/A/sqft
No HOA
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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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