3185 Westpointe Dr, Franklin, IN, 46131 | $312/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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3185 Westpointe Dr, Franklin, IN, 46131 | $312/mo Cash Flow | Ziffy

For Sale

Listed for sale 3 days ago

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 3185 Westpointe Dr, Franklin, IN, 46131 earns $312/mo cash flow from $1,272/mo rent with a $783/mo payment. Total monthly income totals $1,272/mo, and annual cash flow totals $3,740/yr on $53,040 capital. ROI tracks 26.96% on current figures, and rental yield reads 9.54% at a $159,999 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 140.46% and total cumulative return in cash sums $74,497. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,272/mo property income instead of your personal income.

Manufactured

Built in 1987

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Cozy, newly renovated home in Franklin! Tucked away in a pristine community, with no HOA, this home is what you've been looking for. Three bedroom and two full baths along with a beautiful eat in kitchen with brand new granite tops. This home has a spacious yard but it's also not large enough to be overwhelming. Great Summer entertainment space outside! Carport to park under and a bonus room attached. You can pretty much dream up what to do with that space. Make it an office, a music studio or whatever your greatest hobby is. Mini Barn for extra storage. This is an affordable diamond that won't last long. Run don't walk to see this!