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Murfreesboro, TN | City Real Estate Market Analysis

Murfreesboro, Rutherford County, Tennessee
City Analysis Real Estate Market TN Rutherford County
Murfreesboro
Market Insight

Murfreesboro, TN Investment Potential Analysis

Market analysis for Murfreesboro, TN will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Murfreesboro.
0.71%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$49,358
Avg. Household Income
💵 Average annual household income in the area.
111,814
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Murfreesboro, TN Real Estate Market Property Overview

  • Real estate market overview for Murfreesboro, TN, Rutherford County
  • Population of 111,814
  • Average household income of $49,358
  • Property tax rate of 0.71%
  • Median resident age of 29.90

Property Details

City Murfreesboro State Tennessee
County Rutherford Country USA
Population 111,814 Median Age 29.90
Avg. Household Income $49,358 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 0.71%
Top Industries N/A Economic Overview N/A
Coordinates 35.8490, -86.4121 Properties Listed 0

Model investment returns using Murfreesboro, TN market data as defaults

25%
5.0%
30 years
0.71%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

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💵Cash on Cash Return

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🚀Internal Rate of Return

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🏛️Property Tax Analysis

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* Calculations use Murfreesboro, TN median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Murfreesboro, TN Income Property

Key questions for informed investment decisions

What's the overall investment outlook for Murfreesboro, TN, considering its demographics and economy? +
Murfreesboro's median household income of $49,358, combined with a relatively high poverty rate of 14.1%, suggests a working-class market with employment stability, while its top industries in Finance & Insurance, and Public Administration indicate a diverse economy, making it an attractive investment opportunity.
How does the city's commute time and health insurance coverage impact the quality of life for renters? +
The 25-minute average commute time and high health insurance coverage rate of 90.2% in Murfreesboro suggest a stable and healthy environment for renters, with easy access to employment and medical care, making it an attractive location for investment properties.
What role does ethnic diversity play in shaping the local real estate market? +
Murfreesboro's diverse population, with top ethnicities including White, White Non-Hispanic, and Black, contributes to a vibrant cultural scene, which can drive demand for housing and rentals, particularly in areas with high concentrations of these groups, such as near universities or downtown areas.
How do the city's median property value and property taxes impact investment returns? +
The median property value of $176,500 and median property taxes of $22,460 in Murfreesboro indicate a relatively affordable market with moderate tax burdens, which can help investors achieve positive cash flow and decent returns, especially when combined with the city's stable employment and income levels.
What are the implications of the city's homeownership rate and income inequality for real estate investors? +
Murfreesboro's homeownership rate of 52.3% and GINI coefficient of 0.441 suggest a market with a mix of owner-occupied and rental properties, and a moderate level of income inequality, which can lead to a stable demand for rentals, particularly among lower- and middle-income households, making it an attractive market for investors targeting these demographics.
What are some of the best neighborhoods to live in Murfreesboro? +
Some of the best neighborhoods to live in Murfreesboro include Berkshire, Breckenridge, Brentmeade Subdivision, Indian Hills, and Three Rivers. These neighborhoods offer a range of housing options, from luxury homes to more affordable choices, and are known for being family-friendly and close to local amenities.
What are some fun things to do in Murfreesboro? +
Murfreesboro has a lot to offer when it comes to things to do. You can visit the Stones River National Battlefield, explore the Oaklands Mansion, or check out the Cannonsburgh Village. If you're looking for something more adventurous, you can head to the Go USA Fun Park for miniature golf, go-karts, and batting cages. The city also has a number of parks and greenways, including the Gateway Island and the Greenways & Wetlands.
What is the food scene like in Murfreesboro? +
Murfreesboro has a vibrant food scene with a range of options to suit all tastes. You can find everything from American cuisine at The Alley on Main and The Chop House, to Thai food at Pad Thai Cafe and Taste of Thai. There are also plenty of great food trucks and casual eateries, like Shelli's Coffee + Social and Carmen's Taqueria. If you're looking for something sweet, you can't miss The Three Mothers Cuisine & Bakery.
What are the pros and cons of living in Murfreesboro? +
One of the pros of living in Murfreesboro is its family-friendly atmosphere and range of outdoor activities. The city also has a relatively low cost of living and a strong sense of community. However, some cons include traffic and congestion, particularly around the university, and limited job opportunities in certain industries. Additionally, some areas of the city can be prone to noise and pollution from the nearby highway.
Is Murfreesboro a good place to live? +
Overall, Murfreesboro is a great place to live, with a lot to offer in terms of amenities, activities, and community. While it may have some drawbacks, the city's pros outweigh the cons for many people. If you're looking for a family-friendly atmosphere, outdoor activities, and a relatively low cost of living, Murfreesboro could be an excellent choice. However, it's always important to weigh the pros and cons and consider your individual needs and priorities before making a decision.

Things Near Murfreesboro, TN

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Murfreesboro

Murfreesboro, TN is a city with a population of 111,814 and a median age of 29.9, indicating a relatively young demographic. The median household income is $49,358, which is moderate, but the poverty rate of 14.1% suggests some risk for investors. However, the city's top industries, including finance and insurance, real estate, and public administration, provide a stable economic foundation. The average commute time of 25.0 minutes is relatively short, and the fact that 90.2% of the population has health insurance coverage is a positive indicator of the quality of life. The city's ethnic diversity, with a mix of White, White Non-Hispanic, and Black populations, adds to its cultural richness. The median property value of $176,500 and median property taxes of $22,460 are important considerations for real estate investors. Overall, Murfreesboro presents a mix of opportunities and challenges, with its stable industries and relatively high health insurance coverage rate being major draws, but its poverty rate and moderate income levels requiring careful consideration. The foreign-born population is not available, but the city's homeownership rate of 52.3% and top commute methods, including driving alone, working from home, and carpooling, provide additional insight into the city's character. With a GINI coefficient of 0.441, income inequality is a concern, but the city's overall stability and moderate cost of living make it an attractive option for investors looking for a balance of risk and potential return.

Population 111,814
Median Age 29.90
Avg. Household Income $49,358
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials