863 S 450 E, Franklin, IN, 46131 | $599/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Franklin at 863 S 450 E, Franklin, IN, 46131 offers a 10.34% rental yield on a $229,000 purchase with $1,974/mo rent. Total monthly income registers $1,974/mo, and a $1,121/mo payment leaves $599/mo available for distribution. Annual cash flow reaches $7,190/yr on $75,914 to close, and return on cash invested stands at 29.38% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 153.45% and total cumulative return in cash at $116,489. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,974/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1968

0.44 Acres lot

$N/A/sqft

No HOA