450 Heatherwood DrMurfreesboroTN37129
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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 450 Heatherwood Dr, Murfreesboro, TN, 37129 with 5% annual appreciation on a $375,900 basis while $2,394/mo rent supports operations. Total monthly income totals $2,394/mo and a $1,840/mo payment preserves $144/mo for cash returns. Annual cash flow comes to $1,724/yr on $124,611 deployed, and return on cash invested reaches 21.29% in year one. Equity gained on principal adds $2,426/yr, and five-year appreciation sums $103,854 alongside rental yield of 7.64%. Five-year ROI measures 110% and total cumulative return in cash totals $137,073.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,394/mo property income versus a $1,840/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37129, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,102 (100%) |
| Owner Occupied HU | 17,334 (64.0%) |
| Renter Occupied HU | 8,377 (30.9%) |
| Vacant Housing Units | 1,391 ( 5.1%) |
| Median Home Value | $449,733 |
| Average Home Value | $502,044 |
Housing Distribution
Address Breakdown
Residential
25,778
Single Family
22,072
Multi-Family
3,706
Businesses
2,902
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Listed by: Ann Truong • Onward Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3056775