604 Sanders LnFranklinTX77856
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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
Rental property for sale in Franklin at 604 Sanders Ln, Franklin, TX, 77856 priced at $154,900 converts $1,572/mo rent into $471/mo cash flow after a $758/mo obligation. Total monthly income equals $1,572/mo, and annual cash flow totals $5,648/yr on $51,349 invested. Return on cash invested prints 30.91% in year one, and rental yield reads 12.18% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 163.06% and total cumulative return in cash sums $83,732. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,572/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77856, Franklin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,893 (100%) |
| Owner Occupied HU | 1,708 (59.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 799 (27.6%) |
| Median Home Value | $313,761 |
| Average Home Value | $370,922 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
215
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