520 E College StMurfreesboroTN37130
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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 520 E College St, Murfreesboro, TN, 37130 offers $1,907/mo rent that, after a $2,570/mo payment. Total monthly income is $1,907/mo. Return on cash invested measures 11.47% in year one, and rental yield stands at 4.36% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 57.29% and total cumulative return in cash reaches $98,961. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,907/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1957
0.28 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: Bill Jakes • Bill Jakes Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3073479