Michael Ryden
Michael Ryden

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Listing provided courtesy of Versatile Real Estate GroupMLS# 1203902MLS Provider
  • 199 days on site
  • 3 views

excellent opportunity to own an income producing asset! Cash flowing nicely, with 7 active leases. Start making over $3000 per month, the day you close! Don't miss your chance at making some significant residual income, today! Buyer closing costs covered with full price offer. 10+ cap rate.

Source: Triad MLS, MLS#: 1203902

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  • Property Type
    Residential Income

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Michael Ryden
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  • Median Age
    37
  • Population Density
    2,080
  • College Educated
    14%
  • Estimated Median Income
    $31,490
  • Estimated Total Home Owners
    3,527
  • Estimated Total Renters
    5,912
  • Owner / Renter Divide
    37% / 63%
  • Estimated Average Household Size
    3
  • Total Population
    25,351
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1314 Franklin Avenue

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
1/6/2026Source: Triad MLS Price Reduction
$310,000 -8.8%
12/12/2025Source: Triad MLS Added to Database
December 12, 2025
6/20/2022Source: Triad MLS Added to Database
March 10, 2022
4/19/2022Source: Triad MLS Status Change
Closed
4/6/2022Source: Triad MLS Status Change
Pending
3/18/2022Source: Triad MLS Status Change
Due Diligence Period