Spring Hill welcomes hordes of visitors every year, primarily due to the plethora of outdoor activities the city has to offer. Outdoor enthusiasts visit Spring Hill for the Weeki Wachee Springs, Buccaneer Bay, SunWest Park, Crews Lake Wilderness Park, and Suncoast Trail. Apart from tourists, though, Spring Hill also sees new residents each year.
While a majority of residents in Spring Hill own their homes, about a quarter of the properties in the community function as rentals. The average rent price in Spring Hill is $1,457 per month. The properties here are fairly new, with 66.4% built between 1970-1999 and 30.4% built in 2000 or later. About 53% of the properties are 3-bedroom homes, with 2-bedroom homes taking the second spot at 28.5%. On average, 1-bedroom apartments go for $799 a month, 2-bedroom apartments go for $950 a month, 3-bedroom apartments go for $1,400 a month, and 4-bedroom apartments go for $1,600 a month.
Renting is great in many ways. It not only allows residents to experience Spring Hill before committing to buying a home, but it also helps rental property owners earn some extra money on the side.
Rental property management, however, is no easy feat. It involves a lot of duties and responsibilities, from marketing your rental property to communicating with your tenants. You also need to collect rent every month, stay on top of maintenance tasks, and make sure you remain compliant with the law. Juggling all of these can come as a burden, which is why many hire the help of a professional Spring Hill property management company.
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