804 N Academy 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 804 N Academy St, Murfreesboro, TN, 37130 offers $3,136/mo rent that, after a $2,041/mo payment, leaves $640/mo cash flow. Total monthly income is $3,136/mo, and annual cash flow is $7,677/yr on $138,236 cash. Return on cash invested measures 25.46% in year one, and rental yield stands at 9.02% at a $417,000 entry. Equity gained on principal adds $2,691/yr while 5% annual appreciation compounds into $115,209 by year five. Five-year ROI records 132.36% and total cumulative return in cash reaches $182,965. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,136/mo property income versus a $2,041/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
7,840 sqft 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: Kara Evans • EXIT Master Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2976964