Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Franklin at 724 Center St, Franklin, IN, 46131 with 5% annual appreciation on a $195,000 basis while $1,403/mo rent supports operations. Total monthly income totals $1,403/mo and a $954/mo payment preserves $233/mo for cash returns. Annual cash flow comes to $2,794/yr on $64,643 deployed, and return on cash invested reaches 24.23% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 8.63%. Five-year ROI measures 125.78% and total cumulative return in cash totals $81,310.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,403/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
9,583 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $195,000 |
| 2019-11-22 | Sold | $105,000 |
| 2019-09-23 | Pending sale | $99,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $1235.24 | 1.33% | $131,100 | 10.73% |
| 2023-04-16 | $1219.00 | 17.25% | $118,400 | 4.50% |
| 2022-04-16 | $1039.68 | -4.13% | $113,300 | 15.97% |
What's Special
Access Only
Listed by: Suzanne Findley • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22023578
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-16 07:37:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
