OFF_MARKETNeutral Deal2 days on market

109 Red Top Ct

109 Red Top Ct, Murfreesboro, TN 37128, Murfreesboro, TN 37128
$610,000

Listing Price

Property image 1
109 Red Top Ct, Murfreesboro, TN 37128
Loc: Murfreesboro, TN
Days Listed
2
Tax Assessed
$416k
Lot Size
0.37 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.

7

Barfield Elementary School

PK-5
2 mi away
7

Christiana Middle School

6-8
2.4 mi away
6

Riverdale High School

9-12
3.8 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
6.58%
Total ROI
102.0%
Cash Flow
$182/mo
DSCR
1.06
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-28Sold$605,000$167
2026-04-09Pending sale$610,000$168
2026-03-02Listed for sale$610,000$168
2026-02-09Listing removed$616,000$170
2026-01-19Price change$616,000$170
2025-12-01Price change$620,000$171
2025-10-31Price change$644,000$178
2025-09-18Listed for sale$645,000$178
2024-11-22Listing removed$635,000$175
2024-11-21Listed for sale$635,000$175
2024-10-20Pending sale$635,000$175
2024-09-17Price change$635,000$175
2024-08-16Price change$640,000$176
2024-07-18Price change$643,000$177
2024-06-25Price change$648,000$179
2024-05-31Listed for sale$650,000$179
2018-07-06Sold$395,000$109
2018-05-05Listed for sale$389,900$107
2018-04-18Listing removed$389,900$107
2018-04-12Price change$389,900$107
2018-04-03Price change$414,900$114
2018-03-24Listed for sale$430,000$119
2016-03-24Sold$329,900$91
2016-03-19Pending sale$344,900$95
2016-03-05Price change$344,900$95
2016-02-05Listed for sale$329,900$91
2011-07-28Sold$233,000$64
2011-03-02Sold$35,000$10
2010-09-17Sold$17,600$5

Tax History

YearProperty TaxTax Assessment
2018$2,094$104,050
2017$2,381$88,850
2016$2,381$88,850
2015$2,381$88,850
2013$2,381$88,075
2012$2,175.45$88,075
2011$1,116.12$45,275
2010$351.29$14,250
2008$347.7$14,250
2007$347.7$14,250
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
3,627
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: $610,000Rent Basis: Modeled Estimate ($4,880/mo)State Tax Benchmark: 0.67% (TN)Hazard Reserve: $178/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.58%

NOI: $40,167/yr

Cash-on-Cash Yield
1.6%

On $140,300 invested

DSCR Ratio
1.06x

Tight qualification

5-Yr Leveraged ROI
+102.0%

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)-$232/mo
Homeowner / Hazard Insurance-$178/mo
Vacancy Reserve (5% of rent)-$244/mo
Repairs & Maintenance (10% of rent)-$488/mo
Property Management (8% of rent)-$390/mo
Total Pure Operating Expenses-$1,533/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,880/mo
Less: Operating Expenses-$1,533/mo
Net Operating Income (NOI)+$3,347/mo
Less: Debt Service (30yr @ 6.75%)-$3,165/mo
Net Cash Flow
$182/mo
$2,185/year
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