401 McGoodwin Ave,Franklin,KY,42134

Investment Highlights

Rental property for sale in Franklin at 401 McGoodwin Ave, Franklin, KY, 42134 offers $1,328/mo rent that, after a $1,052/mo payment, leaves $20/mo cash flow. Total monthly income is $1,328/mo, and annual cash flow is $237/yr on $71,273 cash. Return on cash invested measures 20.24% in year one, and rental yield stands at 7.41% at a $215,000 entry. Equity gained on principal adds $1,387/yr while 5% annual appreciation compounds into $59,401 by year five. Five-year ROI records 104.49% and total cumulative return in cash reaches $74,473. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,328/mo property income versus a $1,052/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.