23 Rivers Edge Ln LOT 11, Franklin, GA, 30217 | 7.05% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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23 Rivers Edge Ln LOT 11, Franklin, GA, 30217 | 7.05% Rental Yield | 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

Rental property for sale in Franklin at 23 Rivers Edge Ln LOT 11, Franklin, GA, 30217 priced at $329,999 converts $1,938/mo rent into after a $1,615/mo obligation. Total monthly income equals $1,938/mo. Return on cash invested prints 19.14% in year one, and rental yield reads 7.05% against a $329,999 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation compiles into $91,173 by year five. Five-year ROI reaches 98.58% and total cumulative return in cash sums $107,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,938/mo property income covering a $1,615/mo payment, not borrower’s personal income.

Single Family

Built in 2025

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover The Wren, a thoughtfully designed 3-bedroom, 2-bathroom home located in the desirable Rivers Edge community. With 1,460 sqft of open-concept living on 0.17 acres, this home offers the perfect blend of comfort, functionality, and modern style. Step inside to a welcoming great room that flows into the spacious kitchen and breakfast room, ideal for family gatherings and entertaining. The master suite features a walk-in closet and private bath, while two additional bedrooms provide flexibility for guests, kids, or a home office. Enjoy outdoor living with a covered front porch and a back porch, perfect for morning coffee or evening relaxation. A 1-car garage adds convenience and storage. As a bonus, buyers receive a $2,500 "Use It Your Way" incentive (when using a preferred lender) - apply it toward closing costs, rate buy downs, a price reduction, or upgrades like appliances and blinds.

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