2388 Cedarmill Dr, Franklin, IN, 46131 | $115/mo Cash Flow

For Sale

Fix & Flip

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 2388 Cedarmill Dr, Franklin, IN, 46131 uses $102,699 cash to close to unlock $1,376/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,974/mo, and a $1,516/mo payment keeps the spread at $115/mo. Purchase price stands at $309,800, and rental yield measures 7.65% with $1,974/mo rent. Return on cash invested shows 21.25% in year one, and 5% annual appreciation builds toward $85,592 over five years. Five-year ROI reaches 109.79% and total cumulative return in cash records $112,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,974/mo property income covering a $1,516/mo payment rather than investor’s personal income.

Single Family

Built in 2007

5,662 sqft lot

$N/A/sqft

No HOA