40 Pat Rogers RdFranklinNC28734
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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 40 Pat Rogers Rd, Franklin, NC, 28734 offers $1,421/mo rent that, after a $925/mo payment, leaves $269/mo cash flow. Total monthly income is $1,421/mo, and annual cash flow is $3,230/yr on $62,654 cash. Return on cash invested measures 25.06% in year one, and rental yield stands at 9.02% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 130.43% and total cumulative return in cash reaches $81,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,421/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28734, Franklin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,187 (100%) |
| Owner Occupied HU | 10,607 (55.3%) |
| Renter Occupied HU | 3,304 (17.2%) |
| Vacant Housing Units | 5,276 (27.5%) |
| Median Home Value | $288,734 |
| Average Home Value | $333,786 |
Housing Distribution
Address Breakdown
Residential
15,135
Single Family
14,538
Multi-Family
597
Businesses
1,128
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Listed by: John Evans • RE/MAX Elite Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4282169