354 E Holly Ridge Rd #107GatlinburgTN37738
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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 354 E Holly Ridge Rd #107, Gatlinburg, TN, 37738 earns from $1,620/mo rent with a $1,590/mo payment. Total monthly income totals $1,620/mo. ROI tracks 13.83% on current figures, and rental yield reads 5.98% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 70.89% and total cumulative return in cash sums $76,349. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Condo
Built in 1988
435.60 sqft lot
$N/A/sqft
$221 monthly 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: Missy Norris • New Directions Real Estate
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1297615
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.