1260 Ski View Dr #2207GatlinburgTN37738
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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 1260 Ski View Dr #2207, Gatlinburg, TN, 37738 uses $67,129 cash to close to unlock $3,611/yr annual cash flow and $301/mo monthly cash flow. Total monthly income runs $1,513/mo, and a $991/mo payment keeps the spread at $301/mo. Purchase price stands at $202,500, and rental yield measures 8.97% with $1,513/mo rent. Return on cash invested shows 25.29% in year one, and 5% annual appreciation builds toward $55,947 over five years. Five-year ROI reaches 131.41% and total cumulative return in cash records $88,213. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $991/mo payment rather than investor’s personal income.
Condo
Built in 1984
435.60 sqft lot
$N/A/sqft
No 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: Ralph Harvey • Listwithfreedom.com
Mls Name: GSMAR, GSMMLS
Mls ID: #309573