1822 Woodland StSpringfieldTN37172
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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
Rental property for sale in Springfield at 1822 Woodland St, Springfield, TN, 37172 generates $1,144/mo in rent and, after a $734/mo payment, leaves $246/mo in cash flow. Total monthly income is $1,144/mo, and annual cash flow is $2,955/yr on $49,725 invested. Return on cash invested sits at 25.85% in year one, and rental yield is 9.15% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 134.5% and total cumulative return in cash sums $66,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,144/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.32 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: N/A • N/A
Mls Name: Xome
Mls ID: #N/A