262 Indian Park DrMurfreesboroTN37128
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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 262 Indian Park Dr, Murfreesboro, TN, 37128 at $273,000 posts ROI 22.28% with $179/mo cash flow from $1,813/mo rent. Total monthly income equals $1,813/mo, and annual cash flow records $2,148/yr on $90,500 to close. Return on cash invested measures 22.28% and rental yield reads 7.97% at the current $273,000. Equity gained on principal adds $1,762/yr, and 5% annual appreciation supports $75,425 by year five. Five-year ROI prints 115.27% and total cumulative return in cash totals $104,323.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,813/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1999
4,791 sqft 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: Candi Dorman • Century 21 Coffee County Realty & Auction
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3003737