7019 Chardon St LOT 119FranklinTN37067
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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 7019 Chardon St LOT 119, Franklin, TN, 37067 listed at $794,550 pairs $5,844/mo rent with a $3,889/mo payment to leave $948/mo cash flow. Total monthly income runs $5,844/mo, and annual cash flow reaches $11,371/yr on $261,407 cash to close. Return on cash invested measures 24.41% in year one, and rental yield registers 8.83% at a $794,550 basis. Equity gained on principal adds $5,127/yr, and annual property appreciation at 5% supports $219,520 by year five. Five-year ROI tracks 126.91% and total cumulative return in cash totals $331,753. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,844/mo property income relative to a $3,889/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37067, Franklin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,975 (100%) |
| Owner Occupied HU | 7,190 (48.0%) |
| Renter Occupied HU | 6,611 (44.1%) |
| Vacant Housing Units | 1,174 ( 7.8%) |
| Median Home Value | $767,214 |
| Average Home Value | $858,174 |
Housing Distribution
Address Breakdown
Residential
14,095
Single Family
9,428
Multi-Family
4,667
Businesses
2,165
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Listed by: Chad Ramsey • Meritage Homes of Tennessee, Inc.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2914249
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-17 08:23:12 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)