147 Diamond Falls BlvdFranklinNC28734
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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 147 Diamond Falls Blvd, Franklin, NC, 28734 uses $213,521 cash to close to unlock $8,928/yr annual cash flow and $744/mo monthly cash flow. Total monthly income runs $4,804/mo, and a $3,177/mo payment keeps the spread at $744/mo. Purchase price stands at $649,000, and rental yield measures 8.88% with $4,804/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 126.15% and total cumulative return in cash records $269,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,804/mo property income covering a $3,177/mo payment rather than investor’s personal income.
Single Family
Built in 2011
2.04 Acres lot
$N/A/sqft
$1,250 annually 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
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Listed by: Evelyn S. Owens • Keller Williams Realty Of Franklin
Mls Name: Carolina Smokies MLS
Mls ID: #26040553
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.