703 Granville RdFranklinTN37064
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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 703 Granville Rd, Franklin, TN, 37064 priced at $299,999 pairs $2,117/mo rent with $322/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,117/mo, and annual cash flow comes to $3,858/yr on $99,450 invested. Return on cash invested is 23.79% in year one, and rental yield stands at 8.47% on a $299,999 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 123.39% and total cumulative return in cash reaches $122,712. For financing, Ziffy Mortgage’s DSCR program evaluates $2,117/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1974
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37064, Franklin, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
26,999
Single Family
24,317
Multi-Family
2,682
Businesses
1,741
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