Spruce Plan, Hammons Farm,Franklin,KY,42134

Investment Highlights

Rental property for sale in Franklin at Spruce Plan, Hammons Farm, Franklin, KY, 42134 offers $2,112/mo rent that, after a $1,165/mo payment, leaves $663/mo cash flow. Total monthly income is $2,112/mo, and annual cash flow is $7,961/yr on $78,894 cash. Return on cash invested measures 30% in year one, and rental yield stands at 10.65% at a $237,990 entry. Equity gained on principal adds $1,536/yr while 5% annual appreciation compounds into $65,752 by year five. Five-year ROI records 156.86% and total cumulative return in cash reaches $123,751. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,112/mo property income versus a $1,165/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.