1304 Halter Park 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 1304 Halter Park Dr, Gallatin, TN, 37066 uses $119,506 cash to close to unlock $1,829/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $2,310/mo, and a $1,764/mo payment keeps the spread at $152/mo. Purchase price stands at $360,500, and rental yield measures 7.69% with $2,310/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $99,600 over five years. Five-year ROI reaches 110.81% and total cumulative return in cash records $132,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $1,764/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
2,178 sqft 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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