508 Elk Hollow CtFranklinTN37069
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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 508 Elk Hollow Ct, Franklin, TN, 37069 with 5% annual appreciation on a $1,285,000 basis while $4,498/mo rent supports operations. 16% in year one. Equity gained on principal adds $8,292/yr, and five-year appreciation sums $355,022 alongside rental yield of 4.2%. Five-year ROI measures 55.58% and total cumulative return in cash totals $231,418. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,498/mo property income versus a $6,289/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37069, Franklin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,938 (100%) |
| Owner Occupied HU | 6,713 (84.6%) |
| Renter Occupied HU | 1,006 (12.7%) |
| Vacant Housing Units | 219 ( 2.8%) |
| Median Home Value | $878,877 |
| Average Home Value | $1,039,195 |
Housing Distribution
Address Breakdown
Residential
7,740
Single Family
7,474
Multi-Family
266
Businesses
165
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