1718 Garnet Way LOT 30MurfreesboroTN37127
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1718 Garnet Way LOT 30, Murfreesboro, TN, 37127 in Murfreesboro is narrow, $190/mo net on $2,700/mo rent after the $1,807/mo debt service, but the property operates at break-even-plus, not a loss. At $401,830 with a 8.06% yield, the long-run equity case via 5% appreciation ($111,018 over five years) and $3,701/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.49 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $170,998.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.5% |
| Monthly Cash Flow | $190 | $450 |
City averages based on Murfreesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,700 |
| Total Monthly Debt Service | $2,246 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37127, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,250 (72.6%) |
| Renter Occupied HU | 2,060 (23.9%) |
| Vacant Housing Units | 295 ( 3.4%) |
| Median Home Value | $398,597 |
| Average Home Value | $441,970 |
Housing Distribution
Address Breakdown
Residential
8,829
Single Family
8,064
Multi-Family
765
Businesses
273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37127, Murfreesboro, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,250 (72.6%) |
| Renter Occupied HU | 2,060 (23.9%) |
| Vacant Housing Units | 295 ( 3.4%) |
| Median Home Value | $398,597 |
| Average Home Value | $441,970 |
Housing Distribution
Address Breakdown
Residential
8,829
Single Family
8,064
Multi-Family
765
Businesses
273
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Ramsey • Meritage Homes of Tennessee, Inc.
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3065243