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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Franklin at 5024 Cobbler Ridge Rd, Franklin, TN, 37064 projects strong ROI of 6.64%. Rental yield 2.86%. With 5% annual appreciation, the property builds $566,377 in value over five years. Equity growth combined delivers a projected five-year ROI of 31.48%, translating into $209,061 in total cumulative return on $664,200 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2023
3.61 Acres lot
$N/A/sqft
$215 monthly HOA
Neighborhood data shown for ZIP Code: 37064, Franklin, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,173 (100%) |
| Owner Occupied HU | 20,587 (73.1%) |
| Renter Occupied HU | 6,269 (22.3%) |
| Vacant Housing Units | 1,317 ( 4.7%) |
| Median Home Value | $754,252 |
| Average Home Value | $850,173 |
Residential
26,999
Single Family
24,317
Multi-Family
2,682
Businesses
1,741
Date | Event | Price |
|---|---|---|
| 2025-06-02 | Listed for sale | $2,050,000 |
| 2023-10-31 | Sold | $1,699,900 |
| 2023-08-04 | Pending sale | $1,699,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-03 | $638.00 | N/A | $33,925 | N/A |
| 2022-06-03 | $638.00 | N/A | $33,925 | N/A |
| 2021-06-03 | $638.00 | 27.09% | $33,925 | 49.94% |
Listed by: McKenna Botsford • Covey Rise Properties LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2899558
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-03 08:03:22 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)
