348 Arapaho DrMurfreesboroTN37128
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 348 Arapaho Dr, Murfreesboro, TN, 37128 with 5% annual appreciation on a $249,900 basis while $1,860/mo rent supports operations. Total monthly income totals $1,860/mo and a $1,223/mo payment preserves $364/mo for cash returns. Annual cash flow comes to $4,370/yr on $82,842 deployed, and return on cash invested reaches 25.18% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,043 alongside rental yield of 8.93%. Five-year ROI measures 130.89% and total cumulative return in cash totals $108,434.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,860/mo property income versus a $1,223/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
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: Dale Nichols • Parks Auction & Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3037527