OFF_MARKETRisky Deal2 days on market

701 Spike Trl

701 Spike Trl, Murfreesboro, TN 37129, Murfreesboro, TN 37129
$350,000
Zestimate®:$337,000

Listing Price

Property image 1
701 Spike Trl, Murfreesboro, TN 37129
Loc: Murfreesboro, TN
Days Listed
2
Tax Assessed
$284k
Zestimate®
$337k
Market Rate
Lot Size
0.57 acres
Rent Estimate
$1,991/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.

7

Blackman Elementary School

PK-5
0.8 mi away
8

Blackman Middle School

6-8
1 mi away
8

Blackman High School

9-12
1 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
4.36%
Total ROI
53.7%
Cash Flow
$-544/mo
DSCR
0.70
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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
2026-04-29Sold$334,500$258
2026-03-18Pending sale$350,000$269
2026-03-12Contingent$350,000$269
2026-03-09Listed for sale$350,000$269
2006-11-22Sold$147,000$113
2002-04-03Sold$108,000$83
1997-10-28Sold$89,900$69

Tax History

YearProperty TaxTax Assessment
2025$1,331.63$70,975
2024$1,331.63$70,975
2023$1,331.63$70,975
2022$1,147.1$70,975
2021$1,058$47,675
2020$1,058$47,675
2019$1,001$47,675
2018$1,001$47,675
2017$954$35,600
2016$954$35,600
2015$954$35,600
2013$954$32,300
2012$796.58$32,250
2011$795.03$32,250
2010$795.03$32,250
2008$836.92$34,300
2007$836.92$34,300
2006$838.14$34,350
2005$815.95$29,141
2004$815.95$29,141
2002$815.95$29,141
2001$0$29,141
2000$0$107,336
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,299
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: $350,000Rent Basis: Observed Comp Model ($1,991/mo)State Tax Benchmark: 0.67% (TN)Hazard Reserve: $102/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.36%

NOI: $15,271/yr

Cash-on-Cash Yield
-8.1%

On $80,500 invested

DSCR Ratio
0.70x

Negative debt coverage

5-Yr Leveraged ROI
+53.7%

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)-$159/mo
Homeowner / Hazard Insurance-$102/mo
Vacancy Reserve (5% of rent)-$100/mo
Repairs & Maintenance (10% of rent)-$199/mo
Property Management (8% of rent)-$159/mo
Total Pure Operating Expenses-$718/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,991/mo
Less: Operating Expenses-$718/mo
Net Operating Income (NOI)+$1,273/mo
Less: Debt Service (30yr @ 6.75%)-$1,816/mo
Net Cash Flow
$-544/mo
$-6,522/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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