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

Franklin, KY has a median modeled monthly cash flow of $-571 and a median cap rate of 3.9%, on a median sold price of $254,500. Prices changed +0.6% year over year.

What is the average cap rate in Franklin, KY?

The median cap rate across recently sold homes in Franklin, KY is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Franklin, KY?

The median sold price in Franklin, KY is $254,500 (about $177 per square foot).

Investing in Franklin, KY Real Estate

A data-driven snapshot of the Franklin, KY 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.

$254,500Median sold price

$177Median $/sqft

3.9%Median cap rate

$-571Modeled cash flow / mo

+0.6%Appreciation YoY

12.0Months of supply

267Active listings

266Sold (last 12 mo)

What the Franklin numbers say

In Franklin, KY, the median home sold for $254,500 (about $177 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-571 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 12.0 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Kentucky markets to compare

See Franklin cash-flowing listings

CashFlowRE ranks every for-sale home in Franklin, KY 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.