3201 Aspen Grove Dr APT A4FranklinTN37067
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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 3201 Aspen Grove Dr APT A4, Franklin, TN, 37067 offers a 7.2% rental yield on a $425,000 purchase with $2,550/mo rent. Total monthly income registers $2,550/mo, and a $2,080/mo payment leaves $6/mo available for distribution. Annual cash flow reaches $72/yr on $140,888 to close, and return on cash invested stands at 19.96% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 102.88% and total cumulative return in cash at $144,941. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,550/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37067, Franklin, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,095
Single Family
9,428
Multi-Family
4,667
Businesses
2,165
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