210 Goldenrod StFranklinKY42134
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 210 Goldenrod St, Franklin, KY, 42134 in Franklin at $312,500 earns $1,980/mo in rent and nets $78/mo after the $1,405/mo payment, a 7.6% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $86,338 over five years. Ziffy Mortgage underwrites this on a 1.41 DSCR without U.S. credit history. With $2,878/yr in principal paydown, total projected return reaches $123,401.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.6% | 8.0% |
| Monthly Cash Flow | $78 | $450 |
City averages based on Franklin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,778 |
| DSCR Ratio | 1.11x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary W Wantland • RE/MAX Real Estate Executives
Mls Name: RASK
Mls Provider:
Mls ID: #RA20252495
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.