304 Arapaho 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
Rental property for sale in Murfreesboro at 304 Arapaho Dr, Murfreesboro, TN, 37128 offers $1,650/mo rent that, after a $1,272/mo payment, leaves $94/mo cash flow. Total monthly income is $1,650/mo, and annual cash flow is $1,131/yr on $86,157 cash. Return on cash invested measures 21.22% in year one, and rental yield stands at 7.62% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 109.65% and total cumulative return in cash reaches $94,474. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,650/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2001
N/A 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: Carolyn Williams • Onward Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3080157