350 Johnson Ave, Franklin, IN, 46131 | $264/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
912 sft

10145 W 50 N, Columbus, IN, 47201

3 Bed
2 Bath
1406 sft

93 Walnut St, Indianapolis, IN, 46227

3 Bed
2 Bath
1160 sft

3225 S Rybolt Ave, Indianapolis, IN, 46221

3 Bed
1 Bath
942 sft

126 Mercator Dr, Greenwood, IN, 46143

Nearby investment properties with comparable prices

2 Bed
2 Bath
1077 sft

5548 S Randolph St, Indianapolis, IN, 46227

2 Bed
2 Bath
1270 sft

1136 Paradise Way N Unit B, Greenwood, IN, 46143

Investment Property+ 2 more

2 Bed
1 Bath
3498 sft

2656 Napoleon St, Indianapolis, IN, 46203

3 Bed
2 Bath
1036 sft

1865 Sparrow Ave, Indianapolis, IN, 46227

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Franklin at 350 Johnson Ave, Franklin, IN, 46131 uses $77,903 cash to close to unlock $3,162/yr annual cash flow and $264/mo monthly cash flow. Total monthly income runs $1,674/mo, and a $1,150/mo payment keeps the spread at $264/mo. Purchase price stands at $235,000, and rental yield measures 8.55% with $1,674/mo rent. Return on cash invested shows 23.97% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 124.39% and total cumulative return in cash records $96,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,674/mo property income covering a $1,150/mo payment rather than investor’s personal income.

Single Family

Built in 1910

5,662 sqft lot

$N/A/sqft

No HOA