OFF_MARKETNeutral Deal5 days on market

3906 Hon Dr

3906 Hon Dr, Murfreesboro, TN 37128, Murfreesboro, TN 37128
$709,900

Listing Price

Property image 1
3906 Hon Dr, Murfreesboro, TN 37128
Loc: Murfreesboro, TN
Days Listed
5
Tax Assessed
$569k
Lot Size
0.25 acres
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.

6

Salem Elementary School

PK-6
0.8 mi away
9

Rockvale Middle School

6-8
2.2 mi away
8

Rockvale High School

9-12
2.3 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
6.51%
Total ROI
100.3%
Cash Flow
$165/mo
DSCR
1.04
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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
2026-09-03Listed for sale$709,900$203
2026-09-01Listing removed$724,900$207
2026-08-21Price change$724,900$207
2026-07-06Price change$739,999$211
2026-06-29Price change$750,000$214
2026-06-12Price change$760,000$217
2026-06-05Listed for sale$766,500$219
2026-05-29Listing removed$769,000$220
2026-02-27Listed for sale$769,000$220
2021-11-19Sold$88,000$25

Tax History

YearProperty TaxTax Assessment
2025$4,022.56$142,200
2024$4,022.56$142,200
2023$4,022.56$142,200
2022$545.87$21,250
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
3,499
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: $709,900Rent Basis: Modeled Estimate ($5,679/mo)State Tax Benchmark: 0.67% (TN)Hazard Reserve: $207/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.51%

NOI: $46,179/yr

Cash-on-Cash Yield
1.2%

On $163,277 invested

DSCR Ratio
1.04x

Tight qualification

5-Yr Leveraged ROI
+100.3%

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)-$318/mo
Homeowner / Hazard Insurance-$207/mo
Vacancy Reserve (5% of rent)-$284/mo
Repairs & Maintenance (10% of rent)-$568/mo
Property Management (8% of rent)-$454/mo
Total Pure Operating Expenses-$1,831/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,679/mo
Less: Operating Expenses-$1,831/mo
Net Operating Income (NOI)+$3,848/mo
Less: Debt Service (30yr @ 6.75%)-$3,684/mo
Net Cash Flow
$165/mo
$1,977/year
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