Franklin County, IN — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

2.8%

Below average

Monthly Cash Flow

-$942

After all expenses

Price-to-Rent

18.4

Overpriced for rent

DSCR

0.44

Fails

📊 Key Metrics

Median Home Price
$312,049
Average Rent (3BR)
$1,415/mo
Price-to-Rent Ratio
18.4(high)
1% Rule
0.45%(fails — need 1%+)
Cash-on-Cash Return
-15.8%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Franklin County for Investors

47016
Cap Rate: 2.9%Cash Flow: -$916/mo$317,198
47036
Cap Rate: 2.6%Cash Flow: -$969/mo$306,901

All Zip Codes in Franklin County

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
470162.9%-$916$317,198$1,490/mo0.46
470362.6%-$969$306,901$1,340/mo0.41