251 Cartertown RdGatlinburgTN37738
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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 251 Cartertown Rd, Gatlinburg, TN, 37738 offers $3,840/mo rent that, after a $3,010/mo payment, leaves $159/mo cash flow. Total monthly income is $3,840/mo, and annual cash flow is $1,903/yr on $202,335 cash. Return on cash invested measures 21% in year one, and rental yield stands at 7.49% at a $615,000 entry. Equity gained on principal adds $3,969/yr while 5% annual appreciation compounds into $169,913 by year five. Five-year ROI records 108.39% and total cumulative return in cash reaches $219,317. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,840/mo property income versus a $3,010/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.57 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: Lisa Brown • Crye-Leike Premier Real Estate LLC
Mls Name: Lakeway Area AOR
Mls ID: #708965