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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 228 Bateman Ave, Franklin, TN, 37067 offers a 5.94% rental yield on a $725,000 purchase with $3,588/mo rent. 67% in year one. Equity gained on principal adds $4,678/yr while 5% annual appreciation supports $200,304 over five years. Portfolio math shows five-year ROI at 80.04% and total cumulative return in cash at $190,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,588/mo property income against a $3,549/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
6,969 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood data shown for ZIP Code: 37067, Franklin, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,975 (100%) |
| Owner Occupied HU | 7,190 (48.0%) |
| Renter Occupied HU | 6,611 (44.1%) |
| Vacant Housing Units | 1,174 ( 7.8%) |
| Median Home Value | $767,214 |
| Average Home Value | $858,174 |
Residential
14,095
Single Family
9,428
Multi-Family
4,667
Businesses
2,165
Date | Event | Price |
|---|---|---|
| 2025-03-23 | Listed for sale | $725,000 |
| 2019-07-23 | Sold | $442,000 |
| 2012-08-30 | Sold | $291,200 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-24 | $2368.00 | N/A | $109,850 | N/A |
| 2022-03-24 | $2368.00 | N/A | $109,850 | N/A |
| 2021-03-24 | $2368.00 | 6.67% | $109,850 | 27.58% |
Listed by: Dana Battaglia • Zeitlin Sotheby's International Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2805533
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-24 07:38:11 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)
