305 E Park AveGallatinTN37066
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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 305 E Park Ave, Gallatin, TN, 37066 offers a 8.45% rental yield on a $328,000 purchase with $2,310/mo rent. Total monthly income registers $2,310/mo, and a $1,605/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,163/yr on $108,732 to close, and return on cash invested stands at 23.74% in year one. Equity gained on principal adds $2,117/yr while 5% annual appreciation supports $90,620 over five years. Portfolio math shows five-year ROI at 123.11% and total cumulative return in cash at $133,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,310/mo property income against a $1,605/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1948
9,783 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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