249 S Fairway DrFranklinKY42134
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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
Investment Highlights
Investment property for sale in Franklin at 249 S Fairway Dr, Franklin, KY, 42134 uses $85,527 cash to close to unlock $4,915/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,263/mo payment keeps the spread at $410/mo. Purchase price stands at $258,000, and rental yield measures 9.21% with $1,980/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $71,281 over five years. Five-year ROI reaches 133.53% and total cumulative return in cash records $114,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,263/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
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Listed by: Noemi J Bonham • RE/MAX Real Estate Executives
Mls Name: RASK
Mls Provider:
Mls ID: #RA20246697
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.