6903 Cooks AveMurfreesboroTN37129
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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
Investment property for sale in Murfreesboro at 6903 Cooks Ave, Murfreesboro, TN, 37129 uses $111,019 cash to close to unlock $2,009/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $2,172/mo, and a $1,639/mo payment keeps the spread at $167/mo. Purchase price stands at $334,900, and rental yield measures 7.78% with $2,172/mo rent. Return on cash invested shows 21.72% in year one, and 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 112.29% and total cumulative return in cash records $124,669. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,172/mo property income covering a $1,639/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37129, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,102 (100%) |
| Owner Occupied HU | 17,334 (64.0%) |
| Renter Occupied HU | 8,377 (30.9%) |
| Vacant Housing Units | 1,391 ( 5.1%) |
| Median Home Value | $449,733 |
| Average Home Value | $502,044 |
Housing Distribution
Address Breakdown
Residential
25,778
Single Family
22,072
Multi-Family
3,706
Businesses
2,902
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Listed by: Michael Szakos • Your Home Sold Guaranteed Realty TEN
Mls Name: My State MLS
Mls ID: #11587340