1918 W Fm 1644FranklinTX77856
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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 1918 W Fm 1644, Franklin, TX, 77856 offers a 11.48% rental yield on a $361,000 purchase with $3,455/mo rent. Total monthly income registers $3,455/mo, and a $1,767/mo payment leaves $888/mo available for distribution. Annual cash flow reaches $10,653/yr on $119,672 to close, and return on cash invested stands at 28.81% in year one. Equity gained on principal adds $2,329/yr while 5% annual appreciation supports $99,738 over five years. Portfolio math shows five-year ROI at 151.8% and total cumulative return in cash at $181,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,455/mo property income against a $1,767/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
1.50 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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