307 Oldbury LnSpring 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 307 Oldbury Ln, Spring Hill, TN, 37174 priced at $362,000 pairs $2,640/mo rent with $473/mo cash flow after a $1,772/mo payment. Total monthly income equals $2,640/mo, and annual cash flow comes to $5,674/yr on $120,003 invested. Return on cash invested is 24.64% in year one, and rental yield stands at 8.75% on a $362,000 basis. Equity gained on principal adds $2,336/yr, and 5% annual appreciation accumulates to $100,014 by year five. Five-year ROI measures 127.92% and total cumulative return in cash reaches $153,505. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $1,772/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2017
2,613 sqft 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: Hope Carlisle • Synergy Realty Network, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3079237