2038 Middle Tennessee BlvdMurfreesboroTN37130
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2038 Middle Tennessee Blvd, Murfreesboro, TN, 37130 offers a 8.22% rental yield on a $299,900 purchase with $2,054/mo rent. Total monthly income registers $2,054/mo, and a $1,468/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,103/yr on $99,417 to close, and return on cash invested stands at 23.03% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 119.32% and total cumulative return in cash at $118,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,054/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2018
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel C Bruner • Keller Williams Realty
Mls Name: Greater Chattanooga Realtors
Mls ID: #1526810