1006 Dovecrest WayFranklinTN37067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Franklin at 1006 Dovecrest Way, Franklin, TN, 37067 listed at $929,900 pairs $5,844/mo rent with a $4,551/mo payment to leave $278/mo cash flow. Total monthly income runs $5,844/mo, and annual cash flow reaches $3,334/yr on $305,937 cash to close. Return on cash invested measures 21.15% in year one, and rental yield registers 7.54% at a $929,900 basis. Equity gained on principal adds $6,001/yr, and annual property appreciation at 5% supports $256,914 by year five. Five-year ROI tracks 109.19% and total cumulative return in cash totals $334,047. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,844/mo property income relative to a $4,551/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37067, Franklin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,975 (100%) |
| Owner Occupied HU | 7,190 (48.0%) |
| Renter Occupied HU | 6,611 (44.1%) |
| Vacant Housing Units | 1,174 ( 7.8%) |
| Median Home Value | $767,214 |
| Average Home Value | $858,174 |
Housing Distribution
Address Breakdown
Residential
14,095
Single Family
9,428
Multi-Family
4,667
Businesses
2,165
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices