904 Empire BlvdMurfreesboroTN37132
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 904 Empire Blvd, Murfreesboro, TN, 37132 in Murfreesboro: $7,800/mo in rent, $2,380/mo net, 10.41% gross yield, all on a $899,000 acquisition. The 1.93 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $248,377 in value, and $8,280/yr in principal paydown steadily builds equity. Projected total cumulative return: $495,764.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.5% |
| Monthly Cash Flow | $2,380 | $450 |
City averages based on Murfreesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,800 |
| Total Monthly Debt Service | $5,024 |
| DSCR Ratio | 1.55x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37132, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31 (100%) |
| Owner Occupied HU | 0 |
| Renter Occupied HU | 31 (100.0%) |
| Vacant Housing Units | 0 |
| Median Home Value | $0 |
| Average Home Value | $0 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
1
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
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37132, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31 (100%) |
| Owner Occupied HU | 0 |
| Renter Occupied HU | 31 (100.0%) |
| Vacant Housing Units | 0 |
| Median Home Value | $0 |
| Average Home Value | $0 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shiv Biradar • Realty One Group Music City
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3071735