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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Franklin at 3008 Cecil Lewis Dr, Franklin, TN, 37067 offers a 6.97% rental yield on a $950,000 purchase with $5,515/mo rent. 4% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,467 over five years. Portfolio math shows five-year ROI at 99.81% and total cumulative return in cash at $311,942. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,515/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 37067, Franklin, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,975 (100%) |
| Owner Occupied HU | 7,190 (48.0%) |
| Renter Occupied HU | 6,611 (44.1%) |
| Vacant Housing Units | 1,174 ( 7.8%) |
| Median Home Value | $767,214 |
| Average Home Value | $858,174 |
Residential
14,095
Single Family
9,428
Multi-Family
4,667
Businesses
2,165
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Karen Baker, CRS • Compass
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3056867
