1143 Upper Alpine Way #1GatlinburgTN37738
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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 Gatlinburg at 1143 Upper Alpine Way #1, Gatlinburg, TN, 37738 offers a 4.26% rental yield on a $1,690,000 purchase with $6,000/mo rent. 25% in year one. Equity gained on principal adds $10,905/yr while 5% annual appreciation supports $466,916 over five years. Portfolio math shows five-year ROI at 56.08% and total cumulative return in cash at $307,080. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,000/mo property income against a $8,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
$519 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37738, Gatlinburg, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,246 (100%) |
| Owner Occupied HU | 1,502 (20.7%) |
| Renter Occupied HU | 706 ( 9.7%) |
| Vacant Housing Units | 5,038 (69.5%) |
| Median Home Value | $382,012 |
| Average Home Value | $448,525 |
Housing Distribution
Address Breakdown
Residential
3,154
Single Family
2,760
Multi-Family
394
Businesses
903
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Listed by: Mike Messer • Call It Closed International
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1302901
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.