102 Garnett Trace RdFranklinNC28734
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
Rental property for sale in Franklin at 102 Garnett Trace Rd, Franklin, NC, 28734 priced at $220,000 pairs $2,100/mo rent with $759/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,100/mo, and annual cash flow comes to $9,108/yr on $72,930 invested. Return on cash invested is 32.4% in year one, and rental yield stands at 11.45% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 169.69% and total cumulative return in cash reaches $123,755. For financing, Ziffy Mortgage’s DSCR program evaluates $2,100/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1995
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28734, Franklin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,187 (100%) |
| Owner Occupied HU | 10,607 (55.3%) |
| Renter Occupied HU | 3,304 (17.2%) |
| Vacant Housing Units | 5,276 (27.5%) |
| Median Home Value | $288,734 |
| Average Home Value | $333,786 |
Housing Distribution
Address Breakdown
Residential
15,135
Single Family
14,538
Multi-Family
597
Businesses
1,128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zane Bell-Broch • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4332520