460 E State St

Murfreesboro, TN 37130
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2 bd, 1 ba | 896 sqft | Built in 1930

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,020

Total Return

$83,053

Annualized Return

21.7%

Cap Rate

4.8%

Gross Yield

7.0%

Cash Flow

-$1,550

Appreciation

8.9%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

3,680

HOA

None

Flood Risk

Not Required

Investment opportunity!!!! Property being Sold AS IS - recent inspection showed subfloor/joist issues that need repair. Walking distance to MTSU. Cute 2 bed 1 bath cottage on corner lot with tons of potential. Property offers front and back porch. Buyer to verify all pertinent information regarding property, school zones, etc.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$11,628

Expenses

-$2,070

Property Taxes

-$1,600

Loan Payments

-$9,508

Net Cash Flow

-$1,550

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Brooke Eli
Agent License 320042
Home 2 Home Real Estate, Inc.
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceRealTracs
MLS #2818401
Last Updated: 04/21/2025 17:04
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.