191 E Millbrook Dr LOT 172Spring 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 191 E Millbrook Dr LOT 172, Spring Hill, TN, 37174 uses $149,172 cash to close to unlock $345/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $2,722/mo, and a $2,202/mo payment keeps the spread at $29/mo. Purchase price stands at $449,990, and rental yield measures 7.26% with $2,722/mo rent. Return on cash invested shows 20.14% in year one, and 5% annual appreciation builds toward $124,324 over five years. Five-year ROI reaches 103.82% and total cumulative return in cash records $154,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,722/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 2025
6,098 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: Burnley Bell • Century Communities
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3061357