3119 Lamond 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 3119 Lamond Dr, Gallatin, TN, 37066 priced at $450,000 pairs $2,842/mo rent with $148/mo cash flow after a $2,203/mo payment. Total monthly income equals $2,842/mo, and annual cash flow comes to $1,773/yr on $149,175 invested. Return on cash invested is 21.1% in year one, and rental yield stands at 7.58% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 108.94% and total cumulative return in cash reaches $162,510. For financing, Ziffy Mortgage’s DSCR program evaluates $2,842/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2022
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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