312 Jakes AveMurfreesboroTN37130
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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 312 Jakes Ave, Murfreesboro, TN, 37130 priced at $189,900 converts $1,560/mo rent into $424/mo cash flow after a $929/mo obligation. Total monthly income equals $1,560/mo, and annual cash flow totals $5,084/yr on $62,952 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 9.86% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 145.91% and total cumulative return in cash sums $91,853. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,560/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.41 Acres 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
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Listed by: Wagih Soliman • BluePrint Realtors
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2986101