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Genie Score
Monthly Cash Flow
Annual Total Gain
Estimated Rent
$1,705
$2,424
Appreciation
7.86%
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Job Growth
0.03%
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Population
157,547
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The LTR Genie Score of Murfreesboro, TN is 80 and STR Genie Score is 69, indicating a very high and high rating respectively. The high LTR Genie Score can be attributed to the very high LTR Rentability, LTR Net ROI, and positive 1-Year Price Appreciation Forecast. On the other hand, the slightly lower STR Genie Score may be due to the lower STR Net ROI and occupancy rate compared to the long-term rental metrics.
Murfreesboro, TN is a growing city located in the Nashville metropolitan area, known for its strong economy, low cost of living, and high quality of life. The city has a diverse population and a thriving job market, making it an attractive location for real estate investment.
Based on the metrics provided, Murfreesboro, TN seems to be a promising market for both long-term rental and short-term rental investments. The high LTR Genie Score suggests that long-term rental properties could yield a good return on investment, while the moderate STR Genie Score indicates that there is potential for success in the short-term rental market as well. Overall, real estate investors may find Murfreesboro, TN to be a lucrative opportunity for both rental strategies.