1010 Somerset Springs DrSpring HillTN37174
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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
Investment Highlights
Investment property for sale in Spring Hill at 1010 Somerset Springs Dr, Spring Hill, TN, 37174 uses $81,218 cash to close to unlock $3,426/yr annual cash flow and $286/mo monthly cash flow. Total monthly income runs $1,752/mo, and a $1,199/mo payment keeps the spread at $286/mo. Purchase price stands at $245,000, and rental yield measures 8.58% with $1,752/mo rent. Return on cash invested shows 24.13% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 125.2% and total cumulative return in cash records $101,688. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37174, Spring Hill, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,891 (100%) |
| Owner Occupied HU | 15,848 (69.2%) |
| Renter Occupied HU | 5,796 (25.3%) |
| Vacant Housing Units | 1,247 ( 5.4%) |
| Median Home Value | $483,063 |
| Average Home Value | $543,971 |
Housing Distribution
Address Breakdown
Residential
21,511
Single Family
19,937
Multi-Family
1,574
Businesses
1,139
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Listed by: Nick Butcher • Nick Butcher Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3003486