2320 Dewey 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
Investment property for sale in Spring Hill at 2320 Dewey Dr, Spring Hill, TN, 37174 listed at $699,900 pairs $3,679/mo rent with a $3,426/mo payment. Total monthly income runs $3,679/mo. Return on cash invested measures 17.29% in year one, and rental yield registers 6.31% at a $699,900 basis. Equity gained on principal adds $4,516/yr, and annual property appreciation at 5% supports $193,369 by year five. Five-year ROI tracks 88.54% and total cumulative return in cash totals $203,888. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,679/mo property income relative to a $3,426/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
0.35 Acres lot
$N/A/sqft
$20 monthly HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $699,900 |
| 2014-11-21 | Sold | $287,880 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-10 | $2734.00 | N/A | $106,425 | N/A |
| 2022-04-10 | $2734.00 | -2.08% | $106,425 | N/A |
| 2021-04-10 | $2792.00 | 3.60% | $106,425 | 25.21% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2014
- Architectural Style: Traditional
- Building Area: 2,980
- Living Area: 2,980 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Wood, Tile
- Interior Features: Ceiling Fan(s), Extra Closets, High Ceilings, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Primary Bedroom Main Floor, High Speed Internet, Kitchen Island
- Exterior Features: N/A
- Parking Features: Garage Door Opener, Garage Faces Side
Location
- City: Spring Hill
- State: TN
- Subdivision: Willowvale @ Harvey Springs Sec3 Ph2
- Lot Size: 0.35 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: $20 monthly
- Association Fee: $20 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Water Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Longview Elementary School
- Middle School: Heritage Middle School
- High School: Independence High School
Listed by: Jon Laster • Zach Taylor Real Estate
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2813175
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-10 07:33:05 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)