1280 Middle Tennessee Blvd APT D-6MurfreesboroTN37130
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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 1280 Middle Tennessee Blvd APT D-6, Murfreesboro, TN, 37130 uses $79,494 cash to close to unlock $6,963/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $2,016/mo, and a $1,174/mo payment keeps the spread at $580/mo. Purchase price stands at $239,800, and rental yield measures 10.09% with $2,016/mo rent. Return on cash invested shows 28.67% in year one, and 5% annual appreciation builds toward $66,252 over five years. Five-year ROI reaches 149.6% and total cumulative return in cash records $118,919. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,016/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37130, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,947 (100%) |
| Owner Occupied HU | 11,437 (42.4%) |
| Renter Occupied HU | 13,885 (51.5%) |
| Vacant Housing Units | 1,625 ( 6.0%) |
| Median Home Value | $452,758 |
| Average Home Value | $490,348 |
Housing Distribution
Address Breakdown
Residential
25,845
Single Family
19,307
Multi-Family
6,538
Businesses
1,296
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Listed by: Shelby Hunton • Onward Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079515