3352 Alta LnMurfreesboroTN37128
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
Rental property for sale in Murfreesboro at 3352 Alta Ln, Murfreesboro, TN, 37128 generates $2,416/mo in rent and, after a $1,786/mo payment, leaves $232/mo in cash flow. Total monthly income is $2,416/mo, and annual cash flow is $2,778/yr on $120,998 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 7.94% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 114.9% and total cumulative return in cash sums $139,027. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,416/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Wood Caste • RE/MAX 1ST Choice
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3083858