607 Lockeland WayFranklinKY42134
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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
Investment Highlights
Rental property for sale in Franklin at 607 Lockeland Way, Franklin, KY, 42134 offers $2,011/mo rent that, after a $1,287/mo payment, leaves $411/mo cash flow. Total monthly income is $2,011/mo, and annual cash flow is $4,927/yr on $87,184 cash. Return on cash invested measures 25.56% in year one, and rental yield stands at 9.18% at a $262,999 entry. Equity gained on principal adds $1,697/yr while 5% annual appreciation compounds into $72,662 by year five. Five-year ROI records 133.03% and total cumulative return in cash reaches $115,979. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,011/mo property income versus a $1,287/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
7,840 sqft lot
$N/A/sqft
No HOA
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Listed by: Randy Lawyer • Benchmark Realty, LLC
Mls Name: RASK
Mls Provider:
Mls ID: #RA20251951
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.