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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% |
Rental property for sale in Franklin at 15 Rivers Edge Ln LOT 15, Franklin, GA, 30217 priced at $328,699 converts $2,718/mo rent into $677/mo cash flow after a $1,609/mo obligation. Total monthly income equals $2,718/mo, and annual cash flow totals $8,120/yr on $108,964 invested. Return on cash invested prints 27.36% in year one, and rental yield reads 9.92% against a $328,699 entry. Equity gained on principal adds $2,121/yr, while 5% annual appreciation compiles into $90,813 by year five. Five-year ROI reaches 142.83% and total cumulative return in cash sums $155,638. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,718/mo property income covering a $1,609/mo payment, not borrower’s personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$488 annually 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 |
|---|---|---|
| 2025-06-09 | Sold | $328,699 |
| 2025-04-17 | Pending sale | $324,999 |
| 2024-01-06 | Listed for sale | $324,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mark Hubbard • Go Realty
Mls Name: GAMLS
Mls Provider:
Mls ID: #20165463
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 2025 GAMLS. All rights reserved.
