309 Glendale Rd,Franklin,KY,42134

Investment Highlights

Rental property for sale in Franklin at 309 Glendale Rd, Franklin, KY, 42134 priced at $275,000 pairs $1,920/mo rent with $246/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $2,955/yr on $91,163 invested. Return on cash invested is 23.15% in year one, and rental yield stands at 8.38% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 120.13% and total cumulative return in cash reaches $109,511. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.