221 Chimney Tops 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
Investment property for sale in Gatlinburg at 221 Chimney Tops Way, Gatlinburg, TN, 37738 with 5% annual appreciation on a $1,030,000 basis while $3,940/mo rent supports operations. 37% in year one. Equity gained on principal adds $6,646/yr, and five-year appreciation sums $284,570 alongside rental yield of 4.59%. Five-year ROI measures 62.03% and total cumulative return in cash totals $207,014. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,940/mo property income versus a $5,041/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
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: Karah Mae Chancey • Century 21 Legacy GP
Mls Name: Lakeway Area AOR
Mls ID: #709067