1628 Forrest Crossing Blvd, Franklin, TN, 37064 | 6.18% Rental Yield

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1628 Forrest Crossing Blvd, Franklin, TN, 37064 | 6.18% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Franklin at 1628 Forrest Crossing Blvd, Franklin, TN, 37064 earns from $4,889/mo rent with a $4,650/mo payment. Total monthly income totals $4,889/mo. ROI tracks 17% on current figures, and rental yield reads 6.18% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 86.91% and total cumulative return in cash sums $271,646. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,889/mo property income instead of your personal income.

Single Family

Built in 1989

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this pristine 4 bedroom, 2.5 bath Forrest Crossing home offering a well-designed floor plan in the heart of Franklin, TN. Beautifully updated with new Andersen windows, lighting, flooring and paint throughout. The eat-in kitchen features tone-on-tone cabinets with new hardware, granite countertops, tile backsplash, pantry and stainless steel appliances. Enjoy meals in the separate dining room or relax in a family room thats elevated by built-in bookshelves and a cozy fireplace. The office with French doors provides a quiet space for work or study, while the upstairs bonus room offers endless possibilities for a playroom, gym, or media space. The primary suite upstairs includes a spacious bathroom with separate vanities and a large walk-in closet. Three additional bedrooms, a full bathroom and extra closets complete the upstairs. Outside, experience a fenced-in private backyard with patio and a beautifully landscaped front yard that offers year-round views of a historic landmark home with sprawling green space. Located in a vibrant neighborhood community with amenities including a community pool, tennis and pickleball courts, clubhouse, an 18-hole golf course and driving range. Walk or bike to shops, restaurants and grocery stores. Roof 2024, water heater 2021, HVAC 2015. Historic downtown Franklin and I-65 are minutes away!

Neighborhood Data

Neighborhood data shown for ZIP Code: 37064, Franklin, TN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	28,173 (100%)
Owner Occupied HU	20,587 (73.1%)
Renter Occupied HU	6,269 (22.3%)
Vacant Housing Units	1,317 ( 4.7%)
Median Home Value	$754,252
Average Home Value	$850,173