87 Elevation RdFranklinNC28734
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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 87 Elevation Rd, Franklin, NC, 28734 earns from $2,100/mo rent with a $1,933/mo payment. Total monthly income totals $2,100/mo. ROI tracks 17.1% on current figures, and rental yield reads 6.38% at a $394,999 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 87.62% and total cumulative return in cash sums $114,738. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Single Family
Built in 2025
1,742 sqft 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: Ralph Harvey (MLS Only) • Listwithfreedom.Com (Mls Only)
Mls Name: Carolina Smokies MLS
Mls ID: #26042919