408 Ruby Oaks LnMurfreesboroTN37128
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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 408 Ruby Oaks Ln, Murfreesboro, TN, 37128 earns from $2,754/mo rent with a $3,568/mo payment. Total monthly income totals $2,754/mo. ROI tracks 12.01% on current figures, and rental yield reads 4.53% at a $729,000 purchase. Equity gained on principal adds $4,704/yr, and 5% annual appreciation supports $201,409 over five years. Five-year ROI reaches 60.17% and total cumulative return in cash sums $144,300. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,754/mo property income instead of your personal income.
Single Family
Built in 2022
0.36 Acres 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: Joe Jennings • Berkshire Hathaway HomeServices Woodmont Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3073480