Parnell Plan, August ParkSpring 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 Parnell Plan, August Park, Spring Hill, TN, 37174 priced at $943,990 converts $4,705/mo rent into after a $4,620/mo obligation. Total monthly income equals $4,705/mo. Return on cash invested prints 16.41% in year one, and rental yield reads 5.98% against a $943,990 entry. Equity gained on principal adds $6,091/yr, while 5% annual appreciation compiles into $260,807 by year five. Five-year ROI reaches 83.76% and total cumulative return in cash sums $260,147. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,705/mo property income covering a $4,620/mo payment, not borrower’s personal income.
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Richmond American Homes
Mls Name: Richmond Homes
Mls Provider:
Mls ID: #N/A