2309 Elevation DEF Plan, Salem LandingMurfreesboroTN37128
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 2309 Elevation DEF Plan, Salem Landing, Murfreesboro, TN, 37128 earns $618/mo cash flow from $3,334/mo rent with a $2,188/mo payment. Total monthly income totals $3,334/mo, and annual cash flow totals $7,416/yr on $148,177 capital. ROI tracks 24.91% on current figures, and rental yield reads 8.95% at a $446,990 purchase. Equity gained on principal adds $2,884/yr, and 5% annual appreciation supports $123,495 over five years. Five-year ROI reaches 129.56% and total cumulative return in cash sums $191,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,334/mo property income instead of your personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$40 monthly 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: N/A • Ole South
Mls Name: Ole South Properties
Mls Provider:
Mls ID: #N/A