1607 Oak DrMurfreesboroTN37128
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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 1607 Oak Dr, Murfreesboro, TN, 37128 uses $179,272 cash to close to unlock $962/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $3,342/mo, and a $2,667/mo payment keeps the spread at $80/mo. Purchase price stands at $544,900, and rental yield measures 7.36% with $3,342/mo rent. Return on cash invested shows 20.6% in year one, and 5% annual appreciation builds toward $150,546 over five years. Five-year ROI reaches 106.25% and total cumulative return in cash records $190,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,342/mo property income covering a $2,667/mo payment rather than investor’s personal income.
Single Family
Built in 2017
0.27 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
30,796
Single Family
23,243
Multi-Family
7,553
Businesses
627
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Listed by: Pat Eudaley • Professional Real Estate Group
Mls Name: CWTAR
Mls ID: #2503437