8803 Plum StMurfreesboroTN37129
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 8803 Plum St, Murfreesboro, TN, 37129 earns $359/mo cash flow from $2,394/mo rent with a $1,664/mo payment. Total monthly income totals $2,394/mo, and annual cash flow totals $4,307/yr on $112,677 capital. ROI tracks 23.73% on current figures, and rental yield reads 8.45% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 123.07% and total cumulative return in cash sums $138,671. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Single Family
Built in 1973
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Poindexter • Benchmark Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3042525