488 Smokerise Rd, Franklin, NC, 28734 | $46/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Franklin at 488 Smokerise Rd, Franklin, NC, 28734 priced at $369,900 converts $2,944/mo rent into $46/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,944/mo, and annual cash flow totals $551/yr on $122,622 invested. Return on cash invested prints 20.36% in year one, and rental yield reads 9.55% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 107.4% and total cumulative return in cash sums $131,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,944/mo property income covering a $1,810/mo payment, not borrower’s personal income.

Single Family

Built in 2002

13.21 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