626 Merle Ave,Franklin,KY,42134

Investment Highlights

Rental property for sale in Franklin at 626 Merle Ave, Franklin, KY, 42134 priced at $270,990 pairs $1,980/mo rent with $331/mo cash flow after a $1,326/mo payment. Total monthly income equals $1,980/mo, and annual cash flow comes to $3,973/yr on $89,833 invested. Return on cash invested is 24.33% in year one, and rental yield stands at 8.77% on a $270,990 basis. Equity gained on principal adds $1,749/yr, and 5% annual appreciation accumulates to $74,870 by year five. Five-year ROI measures 126.46% and total cumulative return in cash reaches $113,604. For financing, Ziffy Mortgage’s DSCR program evaluates $1,980/mo property income against a $1,326/mo payment instead of your W2s, 1099s, or Tax returns.