589 Pace StGallatinTN37066
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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
Investment Highlights
Investment property for sale in Gallatin at 589 Pace St, Gallatin, TN, 37066 at $117,000 posts ROI 83.34% with $2,050/mo cash flow from $2,762/mo rent. Total monthly income equals $2,762/mo, and annual cash flow records $24,601/yr on $38,786 to close. Return on cash invested measures 83.34% and rental yield reads 28.33% at the current $117,000. Equity gained on principal adds $755/yr, and 5% annual appreciation supports $32,325 by year five. Five-year ROI prints 442.96% and total cumulative return in cash totals $171,805.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,762/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1961
0.26 Acres 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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