423 Forest Glen Cir, Murfreesboro, TN, 37128 | 6.23% Rental Yield

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423 Forest Glen Cir, Murfreesboro, TN, 37128 | 6.23% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Murfreesboro at 423 Forest Glen Cir, Murfreesboro, TN, 37128 earns from $1,813/mo rent with a $1,708/mo payment. Total monthly income totals $1,813/mo. ROI tracks 17.05% on current figures, and rental yield reads 6.23% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 87.25% and total cumulative return in cash sums $100,944. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,813/mo property income instead of your personal income.

Condo

Built in 2000

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to your new home in this highly sought-after 55+ community! This spacious 2-bedroom, 2-bath condo offers low-maintenance living with comfort and convenience in mind. The open floor plan features a bright living area filled with natural light, perfect for both relaxing and entertaining. The kitchen is well-appointed with ample cabinetry and counter space, opening seamlessly to the dining and living areas. The primary suite boasts a walk-in closet and a private en-suite bath, while the second bedroom and full bath provide an ideal space for guests. Enjoy your morning coffee or evening breeze from the back patio. Community amenities include a clubhouse and pool making it easy to stay active and connected. Conveniently located near shopping, dining, healthcare facilities, and major roadways, this condo is the perfect blend of comfort and lifestyle. Dont miss this opportunity to enjoy easy living in a welcoming 55+ neighborhood!

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