1786 S Fm 46FranklinTX77856
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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
Rental property for sale in Franklin at 1786 S Fm 46, Franklin, TX, 77856 generates $2,767/mo in rent and, after a $978/mo payment, leaves $1,346/mo in cash flow. Total monthly income is $2,767/mo, and annual cash flow is $16,151/yr on $66,267 invested. Return on cash invested sits at 44.28% in year one, and rental yield is 16.61% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 234.74% and total cumulative return in cash sums $155,557. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,767/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77856, Franklin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,893 (100%) |
| Owner Occupied HU | 1,708 (59.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 799 (27.6%) |
| Median Home Value | $313,761 |
| Average Home Value | $370,922 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
215
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Listed by: Laura Lea Smith • Coldwell Banker Apex, REALTORS
Mls Name: BCSMLS
Mls Provider:
Mls ID: #23014697
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.