2006 Austin DrSpring 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
Rental property for sale in Spring Hill at 2006 Austin Dr, Spring Hill, TN, 37174 priced at $499,500 converts $3,055/mo rent into $17/mo cash flow after a $2,445/mo obligation. Total monthly income equals $3,055/mo, and annual cash flow totals $201/yr on $165,584 invested. Return on cash invested prints 20.03% in year one, and rental yield reads 7.34% against a $499,500 entry. Equity gained on principal adds $3,223/yr, while 5% annual appreciation compiles into $138,003 by year five. Five-year ROI reaches 103.35% and total cumulative return in cash sums $171,139. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,055/mo property income covering a $2,445/mo payment, not borrower’s personal income.
Single Family
Built in 2013
6,969 sqft lot
$N/A/sqft
$48 monthly 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: Luke Billings • Keller Williams Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2907559
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-12 07:28:07 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)