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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 98 E Wayne St #D, Franklin, IN, 46131 offers a 3.28% rental yield on a $725,000 purchase with $1,980/mo rent. 74% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 32.45% and total cumulative return in cash at $77,405. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,980/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
3,484 sqft lot
$N/A/sqft
$275 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-04-02 | Listed for sale | $725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Austin Smythe • Smythe & Co, Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21938412
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. 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](/info/mls-disclaimers/#mls_48)
