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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Franklin at 715 Castle Dr #A & B, Franklin, TN, 37067 with 5% annual appreciation on a $649,900 basis while $5,844/mo rent supports operations. Total monthly income totals $5,844/mo and a $3,181/mo payment preserves $1,954/mo for cash returns. Annual cash flow comes to $23,442/yr on $213,817 deployed, and return on cash invested reaches 31.02% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,555 alongside rental yield of 10.79%. Five-year ROI measures 162.15% and total cumulative return in cash totals $346,698.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,844/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 37067, Franklin, TN area.
| 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 |
Residential
14,095
Single Family
9,428
Multi-Family
4,667
Businesses
2,165
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cara Hermes • Realty One Group Music City
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2815408
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-09 07:27:51 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)
