918 Velma LnMurfreesboroTN37129
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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 918 Velma Ln, Murfreesboro, TN, 37129 listed at $308,700 pairs $2,218/mo rent with a $1,511/mo payment to leave $370/mo cash flow. Total monthly income runs $2,218/mo, and annual cash flow reaches $4,440/yr on $102,334 cash to close. Return on cash invested measures 24.25% in year one, and rental yield registers 8.62% at a $308,700 basis. Equity gained on principal adds $1,992/yr, and annual property appreciation at 5% supports $85,288 by year five. Five-year ROI tracks 125.83% and total cumulative return in cash totals $128,767. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,218/mo property income relative to a $1,511/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.30 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: N/A • N/A
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