228 Mountain Laurel DrFranklinNC28734
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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 228 Mountain Laurel Dr, Franklin, NC, 28734 at $379,000 posts ROI 14.49% with from $1,742/mo rent. Total monthly income equals $1,742/mo. Return on cash invested measures 14.49% and rental yield reads 5.52% at the current $379,000. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 by year five. Five-year ROI prints 73.66% and total cumulative return in cash totals $92,543. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,742/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
9 Acres lot
$N/A/sqft
No 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
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Listed by: John Muir • Bh Home Services Meadow Mnt Realty (Mls)
Mls Name: Carolina Smokies MLS
Mls ID: #26041112
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.