914 E Northfield BlvdMurfreesboroTN37130
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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 914 E Northfield Blvd, Murfreesboro, TN, 37130 offers a 7.71% rental yield on a $297,000 purchase with $1,907/mo rent. Total monthly income registers $1,907/mo, and a $1,454/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,545/yr on $98,456 to close, and return on cash invested stands at 21.48% in year one. Equity gained on principal adds $1,916/yr while 5% annual appreciation supports $82,056 over five years. Portfolio math shows five-year ROI at 110.99% and total cumulative return in cash at $109,278. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,907/mo property income against a $1,454/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
871.20 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: John Turner • Onward Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2942095