482 Bishop Blvd Lot 421GallatinTN37066
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderCapital preservation and steady income define 482 Bishop Blvd Lot 421, Gallatin, TN, 37066 in Gallatin. Rental yield 7.2%. The 1.33 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $106,341 and $3,545/yr in principal reduction project total return of $135,787.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.5% |
| Monthly Cash Flow | $(164) | $1,250 |
City averages based on Gallatin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,310 |
| Total Monthly Debt Service | $2,321 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
$170 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2026
N/A lot
$N/A/sqft
$170 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Franklin • Parkside Realty, LLC
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #3135303
Disclaimer: Based on information submitted to the MLS GRID as of 2026-03-09 02:38:11 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)