2131 S River Rd, Franklin, GA, 30217 | $761/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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2131 S River Rd, Franklin, GA, 30217 | $761/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Franklin at 2131 S River Rd, Franklin, GA, 30217 offers a 11.05% rental yield on a $243,900 purchase with $2,246/mo rent. Total monthly income registers $2,246/mo, and a $1,194/mo payment leaves $761/mo available for distribution. Annual cash flow reaches $9,136/yr on $80,853 to close, and return on cash invested stands at 31.21% in year one. Equity gained on principal adds $1,574/yr while 5% annual appreciation supports $67,385 over five years. Portfolio math shows five-year ROI at 163.34% and total cumulative return in cash at $132,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,246/mo property income against a $1,194/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

1.23 Acres lot

$N/A/sqft

No HOA

More details about the property

Solid home and super price! Desired Heard County Schools. Priced well below the Collateral Analytics! The mechanicals have been updated. Newer LVP in the kitchen and two extra rooms (not included in the SF). HVAC installed 2023. Two back up propane heaters installed in the event of a power outage. Propane Hot water tank installed 4 years ago. Roof approx. 9 years. All windows except for 2, were replaced within the last 3 years. Spacious kitchen and living room. Two extra rooms could be sunroom, office or den. Front and back porch allow for extra outdoor gathering space. Over an acre lot that can be cultivated any way you wish! Outdoor carport was purchased in 2015. Beautiful perennials all around the property. Exterior shed and circular walking trail. Really a pretty property! Owner use or investment property. Great value for the money!

Neighborhood Data

Neighborhood data shown for ZIP Code: 30217, Franklin, GA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,965 (100%)
Owner Occupied HU	2,565 (64.7%)
Renter Occupied HU	1,000 (25.2%)
Vacant Housing Units	400 (10.1%)
Median Home Value	$200,781
Average Home Value	$233,596