600 Merle Ave, Franklin, KY 42134

4 bd · 2.5 ba · 2,203 sqft · built 2026 · Franklin · SINGLE_FAMILY·source listing ↗

$279,990

rent, three ways

OnePercent model (vv1)$2,457/mo

p10–p90 confidence band

HUD Fair Market Rent · 42134 · 4BR$1,480/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Simpson

Flood risk indexRelatively Moderate FEMA NRI

Median household income$59,113

Median area rent$1,002/mo

Median home value$226,800

the verdict

0.88%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$279,990

0.88% · rent $2,457

Intrinsic value · income approach

$355,411

21% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.