310 N Franklin St, Knightstown, IN, 46148 | Equity Gain $1,225/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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310 N Franklin St, Knightstown, IN, 46148 | Equity Gain $1,225/yr | Ziffy

For Sale

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

Rental property for sale in Knightstown at 310 N Franklin St, Knightstown, IN, 46148 offers $0/mo rent that, after a $929/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.81% in year one, and rental yield stands at 0% at a $189,900 entry. Equity gained on principal adds $1,225/yr while 5% annual appreciation compounds into $52,466 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $929/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Knightstown Home - Nicely Updated & Move-In Ready! This beautifully updated Knightstown home is ready for its new owners! The exterior shines with newer paint, brand new roof, new windows, updated air conditioner, leaf guards, and a rebuilt chimney. Step inside to find a spacious living room with a brand-new gas fireplace insert, perfect for cozy evenings. The dining room, main floor bedroom, and inviting kitchen offer a comfortable layout for everyday living. Updates include newer flooring, fresh paint, and thoughtful improvements throughout, making this home truly move-in ready. Located just a short distance from downtown Knightstown, you'll enjoy the convenience of nearby shops, dining, and community events. With all the recent improvements and modern touches, this home is definitely worth a look! Additional updates include: bathroom components, water heater, some plumbing, sewer line, water softener, 200 amp electric box, dishwasher, some lighting and some faucets.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46148, Knightstown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,206 (100%)
Owner Occupied HU	1,559 (70.7%)
Renter Occupied HU	458 (20.8%)
Vacant Housing Units	189 ( 8.6%)
Median Home Value	$233,295
Average Home Value	$261,750