628 Merle Ave,Franklin,KY,42134

Investment Highlights

Rental property for sale in Franklin at 628 Merle Ave, Franklin, KY, 42134 priced at $259,990 converts $1,980/mo rent into $397/mo cash flow after a $1,273/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $4,766/yr on $86,187 invested. Return on cash invested prints 25.44% in year one, and rental yield reads 9.14% against a $259,990 entry. Equity gained on principal adds $1,678/yr, while 5% annual appreciation compiles into $71,830 by year five. Five-year ROI reaches 132.4% and total cumulative return in cash sums $114,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $1,273/mo payment, not borrower’s personal income.