718 Cannon TrlFranklinNC28734
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Nearby investment properties with comparable prices
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 718 Cannon Trl, Franklin, NC, 28734 at $418,000 posts ROI 24.51% with $531/mo cash flow from $3,079/mo rent. Total monthly income equals $3,079/mo, and annual cash flow records $6,377/yr on $138,567 to close. Return on cash invested measures 24.51% and rental yield reads 8.84% at the current $418,000. Equity gained on principal adds $2,697/yr, and 5% annual appreciation supports $115,486 by year five. Five-year ROI prints 127.41% and total cumulative return in cash totals $176,547.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,079/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28734, Franklin, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,187 (100%) |
| Owner Occupied HU | 10,607 (55.3%) |
| Renter Occupied HU | 3,304 (17.2%) |
| Vacant Housing Units | 5,276 (27.5%) |
| Median Home Value | $288,734 |
| Average Home Value | $333,786 |
Housing Distribution
Address Breakdown
Residential
15,135
Single Family
14,538
Multi-Family
597
Businesses
1,128
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Listed by: Sheila Myers • Keller Williams Realty Of Franklin
Mls Name: Carolina Smokies MLS
Mls ID: #26042353