2037 Herring XingMurfreesboroTN37130
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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 Murfreesboro at 2037 Herring Xing, Murfreesboro, TN, 37130 generates $3,197/mo in rent and, after a $2,325/mo payment, leaves $353/mo in cash flow. Total monthly income is $3,197/mo, and annual cash flow is $4,242/yr on $157,463 invested. Return on cash invested sits at 22.6% in year one, and rental yield is 8.08% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 117.04% and total cumulative return in cash sums $184,291. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,197/mo property income rather than buyer’s personal income.
Townhouse
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37130, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,947 (100%) |
| Owner Occupied HU | 11,437 (42.4%) |
| Renter Occupied HU | 13,885 (51.5%) |
| Vacant Housing Units | 1,625 ( 6.0%) |
| Median Home Value | $452,758 |
| Average Home Value | $490,348 |
Housing Distribution
Address Breakdown
Residential
25,845
Single Family
19,307
Multi-Family
6,538
Businesses
1,296
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