719 Rex DrSpring HillTN37174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 719 Rex Dr, Spring Hill, TN, 37174 offers $2,665/mo rent that, after a $2,296/mo payment. Total monthly income is $2,665/mo. Return on cash invested measures 18.81% in year one, and rental yield stands at 6.82% at a $469,000 entry. Equity gained on principal adds $3,026/yr while 5% annual appreciation compounds into $129,576 by year five. Five-year ROI records 96.68% and total cumulative return in cash reaches $150,319. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,665/mo property income versus a $2,296/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tricia Summers • LHI Homes International
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls ID: #3033461