524 Pelenor Dr,Franklin,IN,46131

Investment Highlights

Investment property for sale in Franklin at 524 Pelenor Dr, Franklin, IN, 46131 offers a 8.69% rental yield on a $272,400 purchase with $1,973/mo rent. Total monthly income registers $1,973/mo, and a $1,333/mo payment leaves $338/mo available for distribution. Annual cash flow reaches $4,057/yr on $90,301 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $1,758/yr while 5% annual appreciation supports $75,259 over five years. Portfolio math shows five-year ROI at 126.75% and total cumulative return in cash at $114,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,973/mo property income against a $1,333/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.