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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Franklin at 137 Favor Rd, Franklin, GA, 30217 at $309,900 posts ROI 24.93% with $430/mo cash flow from $2,316/mo rent. Total monthly income equals $2,316/mo, and annual cash flow records $5,156/yr on $102,732 to close. Return on cash invested measures 24.93% and rental yield reads 8.97% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 129.63% and total cumulative return in cash totals $133,176.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,316/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 30217, Franklin, GA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,965 (100%) |
| Owner Occupied HU | 2,565 (64.7%) |
| Renter Occupied HU | 1,000 (25.2%) |
| Vacant Housing Units | 400 (10.1%) |
| Median Home Value | $200,781 |
| Average Home Value | $233,596 |
Residential
3,643
Single Family
3,643
Multi-Family
0
Businesses
232
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Listed for sale | $309,900 |
| 2020-11-18 | Sold | $179,900 |
| 2020-10-02 | Pending sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-01-09 | $1766.07 | 12.51% | $104,537 | 13.47% |
| 2022-01-09 | $1569.76 | 23.26% | $92,126 | 23.02% |
| 2021-01-09 | $1273.53 | 15.33% | $74,889 | 50.74% |
Listed by: Kyle Nelms • Heritage Oaks Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #10411547
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright 2024 GAMLS. All rights reserved.
