1144 Lock 4 Rd #B4GallatinTN37066
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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 1144 Lock 4 Rd #B4, Gallatin, TN, 37066 uses $127,163 cash to close to unlock $5,835/yr annual cash flow and $486/mo monthly cash flow. Total monthly income runs $2,783/mo, and a $1,878/mo payment keeps the spread at $486/mo. Purchase price stands at $383,600, and rental yield measures 8.71% with $2,783/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $105,982 over five years. Five-year ROI reaches 127.21% and total cumulative return in cash records $161,763. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,783/mo property income covering a $1,878/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A 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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