27308 Woodland RdFranklinVA23851
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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 27308 Woodland Rd, Franklin, VA, 23851 uses $67,958 cash to close to unlock $7,283/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $1,832/mo, and a $1,003/mo payment keeps the spread at $607/mo. Purchase price stands at $205,000, and rental yield measures 10.72% with $1,832/mo rent. Return on cash invested shows 30.63% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 160.01% and total cumulative return in cash records $108,738. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,832/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23851, Franklin, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,565 (100%) |
| Owner Occupied HU | 3,506 (53.4%) |
| Renter Occupied HU | 2,212 (33.7%) |
| Vacant Housing Units | 847 (12.9%) |
| Median Home Value | $250,844 |
| Average Home Value | $266,895 |
Housing Distribution
Address Breakdown
Residential
6,184
Single Family
6,007
Multi-Family
177
Businesses
574
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