309 Tower 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
Investment property for sale in Gatlinburg at 309 Tower Rd, Gatlinburg, TN, 37738 listed at $789,900 pairs $6,000/mo rent with a $3,866/mo payment to leave $1,272/mo cash flow. Total monthly income runs $6,000/mo, and annual cash flow reaches $15,260/yr on $259,877 cash to close. Return on cash invested measures 25.93% in year one, and rental yield registers 9.12% at a $789,900 basis. Equity gained on principal adds $5,097/yr, and annual property appreciation at 5% supports $218,235 by year five. Five-year ROI tracks 134.83% and total cumulative return in cash totals $350,405. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,000/mo property income relative to a $3,866/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
8,712 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: Peggy Sue Holt • Weichert REALTORS- Tiger Real Estate
Mls Name: East Tennessee Realtors
Mls ID: #1315377