415 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 415 W Decherd St, Franklin, TX, 77856 offers a 8.22% rental yield on a $318,000 purchase with $2,177/mo rent. 95% in year one. Equity gained on principal adds $2,052/yr while 5% annual appreciation supports $87,858 over five years. Portfolio math shows five-year ROI at 98.97% and total cumulative return in cash at $104,327. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,177/mo property income against a $1,556/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.25 Acres 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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Listed by: James Hammond • Keller Williams Realty Brazos Valley office
Mls Name: HAR
Mls Provider:
Mls ID: #10395872
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