








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 1896 W Harpeth Rd, Franklin, TN, 37064 projects strong ROI of 0.87%. Rental yield 0.86%. With 5% annual appreciation, the property builds $1,381,408 in value over five years. Equity growth combined delivers a projected five-year ROI of 0.34%, translating into $5,586 in total cumulative return on $1,620,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1984
22.96 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 37064, Franklin, TN area.
| 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 |
Residential
26,999
Single Family
24,317
Multi-Family
2,682
Businesses
1,741
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Price change | $1,000,000 |
| 2025-06-24 | Listed for sale | $5,000,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-25 | $1673.00 | N/A | $89,000 | N/A |
| 2022-06-25 | $1673.00 | N/A | $89,000 | N/A |
| 2021-06-25 | $1673.00 | -5.59% | $89,000 | 11.53% |



Listed by: Wally Dabaghi • French King Fine Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2922481
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-25 08:03:04 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)