301 W Decherd StFranklinTX77856
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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 301 W Decherd St, Franklin, TX, 77856 at $290,000 posts ROI 19.8% with from $2,053/mo rent. Total monthly income equals $2,053/mo. Return on cash invested measures 19.8% and rental yield reads 8.5% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 103.5% and total cumulative return in cash totals $99,496. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,053/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77856, Franklin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,893 (100%) |
| Owner Occupied HU | 1,708 (59.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 799 (27.6%) |
| Median Home Value | $313,761 |
| Average Home Value | $370,922 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
215
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Nearby investment properties with comparable prices
Listed by: Melinda Scott • Home & Ranch Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #16051846
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