1003 Lawndale DrMurfreesboroTN37129
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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 Murfreesboro at 1003 Lawndale Dr, Murfreesboro, TN, 37129 listed at $348,000 pairs $2,394/mo rent with a $1,703/mo payment to leave $311/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $3,733/yr on $115,362 cash to close. Return on cash invested measures 23.15% in year one, and rental yield registers 8.26% at a $348,000 basis. Equity gained on principal adds $2,246/yr, and annual property appreciation at 5% supports $96,146 by year five. Five-year ROI tracks 119.96% and total cumulative return in cash totals $138,394. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $1,703/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37129, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,102 (100%) |
| Owner Occupied HU | 17,334 (64.0%) |
| Renter Occupied HU | 8,377 (30.9%) |
| Vacant Housing Units | 1,391 ( 5.1%) |
| Median Home Value | $449,733 |
| Average Home Value | $502,044 |
Housing Distribution
Address Breakdown
Residential
25,778
Single Family
22,072
Multi-Family
3,706
Businesses
2,902
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Listed by: Glenda Topping • APP Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3093130