Is Franklin, IN a good place to invest in rental property?

Franklin, IN has a median modeled monthly cash flow of $-644 and a median cap rate of 4.0%, on a median sold price of $295,000. Prices changed +0.9% year over year.

What is the average cap rate in Franklin, IN?

The median cap rate across recently sold homes in Franklin, IN is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Franklin, IN?

The median sold price in Franklin, IN is $295,000 (about $160 per square foot).

Investing in Franklin, IN Real Estate

A data-driven snapshot of the Franklin, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$295,000Median sold price

$160Median $/sqft

4.0%Median cap rate

$-644Modeled cash flow / mo

+0.9%Appreciation YoY

6.6Months of supply

247Active listings

452Sold (last 12 mo)

What the Franklin numbers say

In Franklin, IN, the median home sold for $295,000 (about $160 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-644 of monthly cash flow. Sold prices moved +0.9% over the past year. Inventory sits at about 6.6 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Indiana markets to compare

See Franklin cash-flowing listings

CashFlowRE ranks every for-sale home in Franklin, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Franklin deals, or browse the national market data.