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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 597 W Adams St, Franklin, IN, 46131 priced at $267,700 converts $2,034/mo rent into $384/mo cash flow after a $1,310/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $4,606/yr on $88,743 invested. Return on cash invested prints 25.1% in year one, and rental yield reads 9.12% against a $267,700 entry. Equity gained on principal adds $1,727/yr, while 5% annual appreciation compiles into $73,961 by year five. Five-year ROI reaches 130.64% and total cumulative return in cash sums $115,931. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,310/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-09-01 | Listing removed | $300,000 |
| 2025-08-19 | Listing removed | $2,000 |
| 2025-08-15 | Listed for rent | $2,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $2743.00 | 8.10% | $267,700 | 9.04% |
| 2023-10-09 | $2537.46 | 16.97% | $245,500 | 9.31% |
| 2022-10-09 | $2169.34 | 31.97% | $224,600 | 16.74% |
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A
