612 Merle Ave,Franklin,KY,42134

Investment Highlights

Rental property for sale in Franklin at 612 Merle Ave, Franklin, KY, 42134 priced at $244,500 pairs $1,920/mo rent with $432/mo cash flow after a $1,197/mo payment. Total monthly income equals $1,920/mo, and annual cash flow comes to $5,180/yr on $81,052 invested. Return on cash invested is 26.3% in year one, and rental yield stands at 9.42% on a $244,500 basis. Equity gained on principal adds $1,578/yr, and 5% annual appreciation accumulates to $67,551 by year five. Five-year ROI measures 136.99% and total cumulative return in cash reaches $111,035. For financing, Ziffy Mortgage’s DSCR program evaluates $1,920/mo property income against a $1,197/mo payment instead of your W2s, 1099s, or Tax returns.