6423 Waymeet 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 6423 Waymeet Dr, Spring Hill, TN, 37174 earns from $2,267/mo rent with a $2,447/mo payment. Total monthly income totals $2,267/mo. ROI tracks 12.92% on current figures, and rental yield reads 5.44% at a $499,927 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,121 over five years. Five-year ROI reaches 65.75% and total cumulative return in cash sums $108,957. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,267/mo property income instead of your personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
$239 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: Grant Burnett • Parks Compass
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #3071281
Disclaimer: Based on information submitted to the MLS GRID as of 2026-01-03 07:38:11 PST. 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)