57 Lukes Still RdFranklinNC28734
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Nearby investment properties with comparable prices
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 57 Lukes Still Rd, Franklin, NC, 28734 at $449,000 posts ROI 28.1% with $1,016/mo cash flow from $3,854/mo rent. Total monthly income equals $3,854/mo, and annual cash flow records $12,192/yr on $148,844 to close. Return on cash invested measures 28.1% and rental yield reads 10.3% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 146.98% and total cumulative return in cash totals $218,764.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,854/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
1.59 Acres lot
$N/A/sqft
$1,214 annually 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: Kristie Brennan • Vignette Realty, LLC
Mls Name: Carolina Smokies MLS
Mls ID: #26037750
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.