215 Ruth WaySpring 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 215 Ruth Way, Spring Hill, TN, 37174 listed at $357,900 pairs $2,640/mo rent with a $1,752/mo payment to leave $497/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $5,967/yr on $118,644 cash to close. Return on cash invested measures 24.94% in year one, and rental yield registers 8.85% at a $357,900 basis. Equity gained on principal adds $2,309/yr, and annual property appreciation at 5% supports $98,881 by year five. Five-year ROI tracks 129.56% and total cumulative return in cash totals $153,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,752/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2020
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
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Listed by: Candice M. Van Bibber-Jefferson • eXp Realty
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #2941656