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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Franklin at 51 Walnut St, Franklin, IN, 46131 priced at $194,700 pairs $1,438/mo rent with $269/mo cash flow after a $953/mo payment. Total monthly income equals $1,438/mo, and annual cash flow comes to $3,230/yr on $64,543 invested. Return on cash invested is 24.91% in year one, and rental yield stands at 8.86% on a $194,700 basis. Equity gained on principal adds $1,256/yr, and 5% annual appreciation accumulates to $53,792 by year five. Five-year ROI measures 129.48% and total cumulative return in cash reaches $83,568. For financing, Ziffy Mortgage’s DSCR program evaluates $1,438/mo property income against a $953/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
2,622 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-12-06 | Listing removed | $369,800 |
| 2024-12-02 | Listed for sale | $369,900 |
| 2024-11-19 | Listing removed | $376,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $1482.88 | 68.08% | $146,100 | 9.52% |
| 2023-10-25 | $882.24 | 25.38% | $133,400 | 51.08% |
| 2022-10-25 | $703.68 | -4.33% | $88,300 | 17.26% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
