256 Moray CtFranklinTN37064








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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 256 Moray Ct, Franklin, TN, 37064 priced at $920,000 pairs $4,534/mo rent with after a $4,503/mo payment. Total monthly income equals $4,534/mo. Return on cash invested is 15.59% in year one, and rental yield stands at 5.91% on a $920,000 basis. Equity gained on principal adds $5,937/yr, and 5% annual appreciation accumulates to $254,179 by year five. Five-year ROI measures 79.63% and total cumulative return in cash reaches $241,011. For financing, Ziffy Mortgage’s DSCR program evaluates $4,534/mo property income against a $4,503/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
5,227 sqft lot
$N/A/sqft
$153 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 37064, Franklin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,173 (100%) |
| Owner Occupied HU | 20,587 (73.1%) |
| Renter Occupied HU | 6,269 (22.3%) |
| Vacant Housing Units | 1,317 ( 4.7%) |
| Median Home Value | $754,252 |
| Average Home Value | $850,173 |
Housing Distribution
Address Breakdown
Residential
26,999
Single Family
24,317
Multi-Family
2,682
Businesses
1,741
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Sold | $920,000 |
| 2025-05-19 | Pending sale | $910,000 |
| 2025-05-08 | Contingent | $910,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $3232.00 | N/A | $149,900 | N/A |
| 2023-10-14 | $3232.00 | N/A | $149,900 | N/A |
| 2022-10-14 | $3232.00 | 64.98% | $149,900 | 64.91% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2021
- Architectural Style: Contemporary
- Building Area: 2,831
- Living Area: 2,831 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Has Heating (Unspecified Type)
- Cooling: Central Air
- Flooring: Carpet, Wood, Tile
- Interior Features: Bookcases, Built-in Features, Ceiling Fan(s), Entrance Foyer, Open Floorplan, Pantry, Smart Thermostat, Storage, Walk-In Closet(s), Primary Bedroom Main Floor, High Speed Internet
- Exterior Features: Smart Light(s)
- Parking Features: Garage Door Opener, Garage Faces Side
Location
HOA & Fees
- HOA Fee: $153 monthly
- Association Fee: $153 monthly
- Fees & Dues: N/A
- Association Amenities: Clubhouse, Park, Playground, Pool, Sidewalks, Underground Utilities, Trail(s)
- Association Fee Includes: N/A
Utilities
- Utilities: Natural Gas Available, Water Available, Cable Connected, Underground Utilities
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Trinity Elementary
- Middle School: Fred J Page Middle School
- High School: Fred J Page High School
Listed by: Danny McLaughlin • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2866979
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-14 05:03:04 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)








