468 Watauga 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
Investment property for sale in Franklin at 468 Watauga Rd, Franklin, NC, 28734 with 5% annual appreciation on a $239,000 basis while $2,399/mo rent supports operations. Total monthly income totals $2,399/mo and a $1,170/mo payment preserves $942/mo for cash returns. Annual cash flow comes to $11,306/yr on $79,229 deployed, and return on cash invested reaches 34.18% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 12.05%. Five-year ROI measures 179.3% and total cumulative return in cash totals $142,056.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,399/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
2.18 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: Jean Owen • Realty One Group Vibe
Mls Name: Carolina Smokies MLS
Mls ID: #26041714
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.