459 Ownby CirGatlinburgTN37738
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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 459 Ownby Cir, Gatlinburg, TN, 37738 with 5% annual appreciation on a $674,900 basis while $4,080/mo rent supports operations. Total monthly income totals $4,080/mo and a $3,303/mo payment preserves $40/mo for cash returns. Annual cash flow comes to $483/yr on $222,042 deployed, and return on cash invested reaches 20.28% in year one. Equity gained on principal adds $4,355/yr, and five-year appreciation sums $186,462 alongside rental yield of 7.25%. Five-year ROI measures 104.53% and total cumulative return in cash totals $232,111.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,080/mo property income versus a $3,303/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
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: Christy Elder • Keller Williams
Mls Name: East Tennessee Realtors
Mls ID: #1301542