201 Lake Ridge CtFranklinTN37069
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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 201 Lake Ridge Ct, Franklin, TN, 37069 at $1,999,999 posts ROI 9.71% with from $6,217/mo rent. Total monthly income equals $6,217/mo. Return on cash invested measures 9.71% and rental yield reads 3.73% at the current $1,999,999. Equity gained on principal adds $12,906/yr, and 5% annual appreciation supports $552,563 by year five. Five-year ROI prints 47.79% and total cumulative return in cash totals $309,667. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,217/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37069, Franklin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,938 (100%) |
| Owner Occupied HU | 6,713 (84.6%) |
| Renter Occupied HU | 1,006 (12.7%) |
| Vacant Housing Units | 219 ( 2.8%) |
| Median Home Value | $878,877 |
| Average Home Value | $1,039,195 |
Housing Distribution
Address Breakdown
Residential
7,740
Single Family
7,474
Multi-Family
266
Businesses
165
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