1260 Ski View Dr UNIT 8204GatlinburgTN37738
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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 Gatlinburg at 1260 Ski View Dr UNIT 8204, Gatlinburg, TN, 37738 generates $2,070/mo in rent and, after a $1,448/mo payment, leaves $299/mo in cash flow. Total monthly income is $2,070/mo, and annual cash flow is $3,588/yr on $98,091 invested. Return on cash invested sits at 23.57% in year one, and rental yield is 8.39% on a $295,900 entry. Equity gained on principal adds $1,909/yr, while 5% annual appreciation builds toward $81,752 over five years. Five-year ROI reaches 122.16% and total cumulative return in cash sums $119,829. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,070/mo property income rather than buyer’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: #309576