4240 Spyglass DrMurfreesboroTN37127
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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 4240 Spyglass Dr, Murfreesboro, TN, 37127 offers a 7.56% rental yield on a $415,000 purchase with $2,616/mo rent. Total monthly income registers $2,616/mo, and a $2,031/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,584/yr on $137,573 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 108.73% and total cumulative return in cash at $149,589. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,616/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37127, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,250 (72.6%) |
| Renter Occupied HU | 2,060 (23.9%) |
| Vacant Housing Units | 295 ( 3.4%) |
| Median Home Value | $398,597 |
| Average Home Value | $441,970 |
Housing Distribution
Address Breakdown
Residential
8,829
Single Family
8,064
Multi-Family
765
Businesses
273
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Listed by: Esther Eddy • Tyler York Real Estate Brokers, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3065396