Real Estate Investing in Spring Hill, Tennessee (37174)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 37174 (Spring Hill, TN)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Spring Hill, TN (37174)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 37174 Spring Hill
Not every below-median market is a bargain. Spring Hill's 37174 ZIP stands at signals that favor experienced operators who can absorb the risk $519K pricing implies.
The investment case in 37174 is sturdy only for operators who understand what they are buying. A $519K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Spring Hill have seen price recovery that 37174 has not matched. Maury County data supports the view that the spread is structural rather than temporary.
The demographic picture in 37174 includes headwinds that any investor should price in. Income distribution skews lower than Spring Hill averages, and tenant stability requires active management.
New investors are better served looking at Spring Hill's stable or hybrid ZIPs before stepping into 37174. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Spring Hill:
Property Strategy for 37174
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $324,136 | $2,050 | 4.6% | +5.4% | $162,068 |
| 3BR | $445,487 | $2,610 | 4.2% | +8.1% | $148,496 |
| 4BR | $608,058 | $3,070 | 3.6% | +8.5% | $152,014 |
| 5BR | $757,426 | — | — | +9.4% | $151,485 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 37174 Compare?
| Metric | 37174 | Spring Hill | Nashville-Davidson--Murfreesboro--Franklin, TN | Tennessee |
|---|---|---|---|---|
| Home Value | $519,203 | $519,203 | N/A | $327,001 |
| 5-Year CAGR | 5.0% | 5.0% | N/A | 7.7% |
| Avg Rent | $2,073 | $2,073 | N/A | - |
| Cap Rate | 3.1% | 3.1% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 37174 (Spring Hill, TN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $519,203 |
| Monthly Rent | $2,073 |
| Price-to-Rent | 20.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.8% |
| Cap Rate | 3.1% |
| 5-Year IRR | 8.1% |
📈 Home Appreciation
| 1-Year | +1.1% ▲ |
| 3-Year CAGR | +0.6% ▲ |
| 5-Year CAGR | +5.0% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 Rent Trends
| 1-Year | +4.2% ▲ |
| 3-Year CAGR | +0.9% ▲ |
| 5-Year CAGR | +2.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 37174
Population: 50,778
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 37174
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,396 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Where do home prices stand in Spring Hill, TN?
In Spring Hill, TN the median home value sits at $519K. Against the broader TN market, that reads as reasonable for most investors.
Can owner-occupants cash flow in Spring Hill, TN?
For house hackers, Spring Hill, TN is a challenging. The $2,073/mo rent on a unit helps defray the mortgage on a $519K property.
How strict are landlord regulations in Spring Hill, TN?
TN ranks as a landlord-friendly state for landlord-tenant law. Spring Hill generally follows the statewide framework, so landlords face reasonable operating rules.
How does Spring Hill, TN stack up for property investment?
Spring Hill, TN rates 3.0/5 for investability. With median values at $519K and rents near $2,073/mo, the market offers reasonable fundamentals for rental investors.
Which investment style suits Spring Hill, TN?
Spring Hill, TN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($519K prices, $2,073/mo rents) make it a reasonable choice.
You know 37174 now. You don’t know where it ranks.
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How 37174 ranks in Nashville-Davidson--Murfreesboro--Franklin, TN
Every ZIP in this metro, ranked. Free.
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