2013 Erwin StFranklinTN37064
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2013 Erwin St, Franklin, TN, 37064 generates $4,914/mo in rent, after a $5,956/mo payment. Total monthly income is $4,914/mo. Return on cash invested sits at 13.16% in year one, and rental yield is 4.85% on a $1,216,900 entry. Equity gained on principal adds $7,852/yr, while 5% annual appreciation builds toward $336,207 over five years. Five-year ROI reaches 66.26% and total cumulative return in cash sums $261,229. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,914/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
13.16 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
26,999
Single Family
24,317
Multi-Family
2,682
Businesses
1,741
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices