111 Green Meadow DrGallatinTN37066
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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
Rental property for sale in Gallatin at 111 Green Meadow Dr, Gallatin, TN, 37066 priced at $140,000 converts $1,063/mo rent into $225/mo cash flow after a $685/mo obligation. Total monthly income equals $1,063/mo, and annual cash flow totals $2,702/yr on $46,410 invested. Return on cash invested prints 25.73% in year one, and rental yield reads 9.11% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 133.91% and total cumulative return in cash sums $62,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,063/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37066, Gallatin, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,313 (100%) |
| Owner Occupied HU | 18,507 (61.1%) |
| Renter Occupied HU | 9,686 (32.0%) |
| Vacant Housing Units | 2,120 ( 7.0%) |
| Median Home Value | $510,441 |
| Average Home Value | $580,109 |
Housing Distribution
Address Breakdown
Residential
27,823
Single Family
23,116
Multi-Family
4,707
Businesses
1,826
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