174 The WayGatlinburgTN37738
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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 174 The Way, Gatlinburg, TN, 37738 offers $2,338/mo rent that, after a $1,654/mo payment, leaves $315/mo cash flow. Total monthly income is $2,338/mo, and annual cash flow is $3,780/yr on $112,047 cash. Return on cash invested measures 23.28% in year one, and rental yield stands at 8.3% at a $338,000 entry. Equity gained on principal adds $2,181/yr while 5% annual appreciation compounds into $93,383 by year five. Five-year ROI records 120.71% and total cumulative return in cash reaches $135,254. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,338/mo property income versus a $1,654/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.01 Acres 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: Damaris Macon • LPT Realty, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1324029