306 W Madison St,Franklin,KY,42134

Investment Highlights

Rental property for sale in Franklin at 306 W Madison St, Franklin, KY, 42134 priced at $234,900 converts $2,002/mo rent into $572/mo cash flow after a $1,150/mo obligation. Total monthly income equals $2,002/mo, and annual cash flow totals $6,865/yr on $77,869 invested. Return on cash invested prints 28.72% in year one, and rental yield reads 10.23% against a $234,900 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,899 by year five. Five-year ROI reaches 150.05% and total cumulative return in cash sums $116,841. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,002/mo property income covering a $1,150/mo payment, not borrower’s personal income.