104 Ben DrSpringfieldTN37172
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Nearby investment properties with comparable prices
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
Rental property for sale in Springfield at 104 Ben Dr, Springfield, TN, 37172 priced at $273,000 pairs $2,332/mo rent with $698/mo cash flow after a $1,336/mo payment. Total monthly income equals $2,332/mo, and annual cash flow comes to $8,376/yr on $90,500 invested. Return on cash invested is 29.16% in year one, and rental yield stands at 10.25% on a $273,000 basis. Equity gained on principal adds $1,762/yr, and 5% annual appreciation accumulates to $75,425 by year five. Five-year ROI measures 152.2% and total cumulative return in cash reaches $137,743. For financing, Ziffy Mortgage’s DSCR program evaluates $2,332/mo property income against a $1,336/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37172, Springfield, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,390 (100%) |
| Owner Occupied HU | 8,623 (64.4%) |
| Renter Occupied HU | 3,905 (29.2%) |
| Vacant Housing Units | 862 ( 6.4%) |
| Median Home Value | $320,132 |
| Average Home Value | $389,189 |
Housing Distribution
Address Breakdown
Residential
12,840
Single Family
12,667
Multi-Family
173
Businesses
1,001
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Listed by: Klint Ruud • The Sapphire Group Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2921064