303 Montrose CtFranklinTN37069
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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 303 Montrose Ct, Franklin, TN, 37069 generates $3,810/mo in rent and, after a $2,425/mo payment, leaves $844/mo in cash flow. Total monthly income is $3,810/mo, and annual cash flow is $10,129/yr on $164,258 invested. Return on cash invested sits at 26.08% in year one, and rental yield is 9.23% on a $495,500 entry. Equity gained on principal adds $3,197/yr, while 5% annual appreciation builds toward $136,898 over five years. Five-year ROI reaches 135.66% and total cumulative return in cash sums $222,827. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,810/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37069, Franklin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,938 (100%) |
| Owner Occupied HU | 6,713 (84.6%) |
| Renter Occupied HU | 1,006 (12.7%) |
| Vacant Housing Units | 219 ( 2.8%) |
| Median Home Value | $878,877 |
| Average Home Value | $1,039,195 |
Housing Distribution
Address Breakdown
Residential
7,740
Single Family
7,474
Multi-Family
266
Businesses
165
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