








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 505 Cobert Ln, Franklin, TN, 37064 at $725,000 posts ROI 22.1% with $406/mo cash flow from $4,889/mo rent. Total monthly income equals $4,889/mo, and annual cash flow records $4,866/yr on $238,525 to close. Return on cash invested measures 22.1% and rental yield reads 8.09% at the current $725,000. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 by year five. Five-year ROI prints 114.56% and total cumulative return in cash totals $273,245.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,889/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
5,227 sqft lot
$N/A/sqft
$429 quarterly 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 |
|---|---|---|
| 2024-03-08 | Sold | $700,000 |
| 2024-02-25 | Pending sale | $699,995 |
| 2024-01-21 | Contingent | $699,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-04 | $2252.00 | N/A | $104,425 | N/A |
| 2022-06-04 | $2252.00 | N/A | $104,425 | N/A |
| 2021-06-04 | $2252.00 | 2.97% | $104,425 | 23.07% |



Listed by: Erika Kurre • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2900459
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-04 07:28:03 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)