197 E Millbrook DrSpring HillTN37174
Nearby investment properties with comparable rents
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 Spring Hill at 197 E Millbrook Dr, Spring Hill, TN, 37174 priced at $437,990 converts $2,665/mo rent into $43/mo cash flow after a $2,144/mo obligation. Total monthly income equals $2,665/mo, and annual cash flow totals $514/yr on $145,194 invested. Return on cash invested prints 20.26% in year one, and rental yield reads 7.3% against a $437,990 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation compiles into $121,009 by year five. Five-year ROI reaches 104.47% and total cumulative return in cash sums $151,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,665/mo property income covering a $2,144/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Century Communities
Mls Name: Century Communities
Mls Provider:
Mls ID: #N/A