








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Spring Hill at 196 E Millbrook Dr LOT 135, Spring Hill, TN, 37174 uses $137,569 cash to close to unlock $2,172/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $2,665/mo, and a $2,031/mo payment keeps the spread at $181/mo. Purchase price stands at $414,990, and rental yield measures 7.71% with $2,665/mo rent. Return on cash invested shows 21.49% in year one, and 5% annual appreciation builds toward $114,654 over five years. Five-year ROI reaches 111.03% and total cumulative return in cash records $152,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,665/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 37174, Spring Hill, TN area.
| 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 |
Residential
21,511
Single Family
19,937
Multi-Family
1,574
Businesses
1,139
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Burnley Bell • Century Communities
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3047317