OFF_MARKETRisky Deal1 days on market

510 Iris Ave

510 Iris Ave, Murfreesboro, TN 37128, Murfreesboro, TN 37128
$674,900
Zestimate®:$580,100

Listing Price

Property image 1
510 Iris Ave, Murfreesboro, TN 37128
Loc: Murfreesboro, TN
Days Listed
1
Tax Assessed
$349k
Zestimate®
$580k
Market Rate
Lot Size
0.36 acres
Rent Estimate
$2,798/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Cason Lane Academy

PK-6
2.3 mi away
N/A

Westbrooks - Woods Academy

6-12
1.7 mi away
N/A

Rutherford County Adult High School

9-12
0.2 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.13%
Total ROI
27.0%
Cash Flow
$-1,739/mo
DSCR
0.50
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-17Sold$580,000$184
2026-07-26Contingent$575,000$183
2026-07-24Listed for sale$575,000$183
2026-07-23Listing removed$650,000$207
2026-07-06Price change$650,000$207
2026-06-02Price change$599,900$191
2026-05-13Price change$624,900$199
2026-04-30Listed for sale$639,900$203
2026-04-20Contingent$639,900$203
2026-04-13Price change$639,900$203
2026-03-18Price change$649,900$207
2026-03-04Listed for sale$674,900$214
2025-07-29Sold$145,000$46

Tax History

YearProperty TaxTax Assessment
2025$2,466.72$87,200
2024$2,466.01$87,175
2023$2,466.01$87,175
2022$2,239.35$87,175
2021$2,134$60,825
2020$2,134$60,825
2019$1,277$60,825
2018$1,854$60,825
2017$1,742$44,825
2016$1,742$44,825
2015$1,742$44,825
2013$1,742$36,025
2012$1,347.34$36,025
2011$1,341.98$35,925
2010$1,336.38$35,775
2008$1,391.65$36,175
2007$1,391.65$36,175
2006$1,400.31$36,400
2005$1,472.71$32,582
2004$1,472.71$32,582
2002$1,472.71$32,582
2001$0$34,654
2000$0$122,901
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
3,147
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $674,900Rent Basis: Observed Comp Model ($2,798/mo)State Tax Benchmark: 0.67% (TN)Hazard Reserve: $197/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.13%

NOI: $21,153/yr

Cash-on-Cash Yield
-13.4%

On $155,227 invested

DSCR Ratio
0.50x

Negative debt coverage

5-Yr Leveraged ROI
+27.0%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.67% of basis)-$195/mo
Homeowner / Hazard Insurance-$197/mo
Vacancy Reserve (5% of rent)-$140/mo
Repairs & Maintenance (10% of rent)-$280/mo
Property Management (8% of rent)-$224/mo
Total Pure Operating Expenses-$1,035/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,798/mo
Less: Operating Expenses-$1,035/mo
Net Operating Income (NOI)+$1,763/mo
Less: Debt Service (30yr @ 6.75%)-$3,502/mo
Net Cash Flow
$-1,739/mo
$-20,870/year
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510 Iris Ave | Murfreesboro, TN | Haven AI Analysis | Haven by ScoutHavens