3703 Shady Forest DrMurfreesboroTN37128
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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 3703 Shady Forest Dr, Murfreesboro, TN, 37128 priced at $556,500 converts $3,434/mo rent into $102/mo cash flow after a $2,724/mo obligation. Total monthly income equals $3,434/mo, and annual cash flow totals $1,230/yr on $183,089 invested. Return on cash invested prints 20.73% in year one, and rental yield reads 7.4% against a $556,500 entry. Equity gained on principal adds $3,591/yr, while 5% annual appreciation compiles into $153,751 by year five. Five-year ROI reaches 106.96% and total cumulative return in cash sums $195,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,434/mo property income covering a $2,724/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37128, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,460 (100%) |
| Owner Occupied HU | 20,186 (62.2%) |
| Renter Occupied HU | 10,890 (33.5%) |
| Vacant Housing Units | 1,384 ( 4.3%) |
| Median Home Value | $438,307 |
| Average Home Value | $484,652 |
Housing Distribution
Address Breakdown
Residential
30,796
Single Family
23,243
Multi-Family
7,553
Businesses
627
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A