LOT 9 Old Hickory TrlFranklinTX77856
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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 LOT 9 Old Hickory Trl, Franklin, TX, 77856 generates $1,560/mo in rent, after a $4,405/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at 0.44% in year one, and rental yield is 2.08% on a $899,900 entry. Equity gained on principal adds $5,807/yr, while 5% annual appreciation builds toward $248,626 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77856, Franklin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,893 (100%) |
| Owner Occupied HU | 1,708 (59.0%) |
| Renter Occupied HU | 386 (13.3%) |
| Vacant Housing Units | 799 (27.6%) |
| Median Home Value | $313,761 |
| Average Home Value | $370,922 |
Housing Distribution
Address Breakdown
Residential
2,097
Single Family
2,097
Multi-Family
0
Businesses
215
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