601 Gresham LnMurfreesboroTN37129
Nearby investment properties with comparable rents
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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 601 Gresham Ln, Murfreesboro, TN, 37129 priced at $675,000 pairs $2,575/mo rent with after a $3,304/mo payment. Total monthly income equals $2,575/mo. Return on cash invested is 12.14% in year one, and rental yield stands at 4.58% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 60.89% and total cumulative return in cash reaches $135,219. For financing, Ziffy Mortgage’s DSCR program evaluates $2,575/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
1 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: N/A • N/A
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