1122 Wedgewood 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
Investment property for sale in Gallatin at 1122 Wedgewood Dr, Gallatin, TN, 37066 offers a 7.43% rental yield on a $407,000 purchase with $2,520/mo rent. Total monthly income registers $2,520/mo, and a $1,992/mo payment leaves $84/mo available for distribution. Annual cash flow reaches $1,004/yr on $134,921 to close, and return on cash invested stands at 20.65% in year one. Equity gained on principal adds $2,626/yr while 5% annual appreciation supports $112,447 over five years. Portfolio math shows five-year ROI at 106.56% and total cumulative return in cash at $143,778. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,992/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.26 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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