228 Bear Pen CvFranklinNC28734
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
Investment property for sale in Franklin at 228 Bear Pen Cv, Franklin, NC, 28734 at $253,000 posts ROI 22.89% with $208/mo cash flow from $1,800/mo rent. Total monthly income equals $1,800/mo, and annual cash flow records $2,501/yr on $83,870 to close. Return on cash invested measures 22.89% and rental yield reads 8.54% at the current $253,000. Equity gained on principal adds $1,633/yr, and 5% annual appreciation supports $69,899 by year five. Five-year ROI prints 119% and total cumulative return in cash totals $99,808.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2020
0.42 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28734, Franklin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,187 (100%) |
| Owner Occupied HU | 10,607 (55.3%) |
| Renter Occupied HU | 3,304 (17.2%) |
| Vacant Housing Units | 5,276 (27.5%) |
| Median Home Value | $288,734 |
| Average Home Value | $333,786 |
Housing Distribution
Address Breakdown
Residential
15,135
Single Family
14,538
Multi-Family
597
Businesses
1,128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judith Preiato • Jackson County Realty, Inc.
Mls Name: Carolina Smokies MLS
Mls ID: #26040582
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.