23 Rivers Edge Ln LOT 11FranklinGA30217
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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
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
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 |
Housing Distribution
Address Breakdown
Residential
3,643
Single Family
3,643
Multi-Family
0
Businesses
232
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