1032 Tanyard 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 1032 Tanyard Springs Dr, Spring Hill, TN, 37174 listed at $639,000 pairs $4,705/mo rent with a $3,128/mo payment to leave $859/mo cash flow. Total monthly income runs $4,705/mo, and annual cash flow reaches $10,313/yr on $210,231 cash to close. Return on cash invested measures 24.97% in year one, and rental yield registers 8.84% at a $639,000 basis. Equity gained on principal adds $4,123/yr, and annual property appreciation at 5% supports $176,544 by year five. Five-year ROI tracks 129.71% and total cumulative return in cash totals $272,692. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,705/mo property income relative to a $3,128/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
7,840 sqft lot
$N/A/sqft
$240 annually HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $639,000 |
| 2024-09-13 | Sold | $579,550 |
| 2024-09-08 | Pending sale | $599,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-06-27 | $2236.00 | N/A | $87,025 | N/A |
| 2022-06-27 | $2236.00 | -2.06% | $87,025 | N/A |
| 2021-06-27 | $2283.00 | 6.24% | $87,025 | 28.40% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2004
- Architectural Style: Traditional
- Building Area: 2,820
- Living Area: 2,820 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Wood
- Interior Features: Built-in Features, Ceiling Fan(s), Entrance Foyer, High Ceilings, Open Floorplan, Pantry, Walk-In Closet(s), Primary Bedroom Main Floor, High Speed Internet, Kitchen Island
- Exterior Features: N/A
- Parking Features: Garage Door Opener, Garage Faces Front, Aggregate, Driveway
Location
- City: Spring Hill
- State: TN
- Subdivision: Tanyard Springs Ph 1
- Lot Size: 7,840 sqft
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $240 annually
- Association Fee: $240 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Water Available, Cable Connected
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Amanda H. North Elementary School
- Middle School: Heritage Middle School
- High School: Independence High School
Listed by: Mike Estes • Redfin
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2924385
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-27 07:28:06 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)