7031 Chardon St LOT 121FranklinTN37067
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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 7031 Chardon St LOT 121, Franklin, TN, 37067 generates $3,834/mo in rent, after a $3,857/mo payment. Total monthly income is $3,834/mo. Return on cash invested sits at 15.97% in year one, and rental yield is 5.84% on a $788,030 entry. Equity gained on principal adds $5,085/yr, while 5% annual appreciation builds toward $217,718 over five years. Five-year ROI reaches 81.43% and total cumulative return in cash sums $211,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,834/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
4,791 sqft lot
$N/A/sqft
No 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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