556 N Ownby DrGatlinburgTN37738
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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 556 N Ownby Dr, Gatlinburg, TN, 37738 priced at $315,000 pairs $2,417/mo rent with $531/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,417/mo, and annual cash flow comes to $6,373/yr on $104,423 invested. Return on cash invested is 26.01% in year one, and rental yield stands at 9.21% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 135.36% and total cumulative return in cash reaches $141,341. For financing, Ziffy Mortgage’s DSCR program evaluates $2,417/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.34 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: Elizabeth S. Clark • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls ID: #1314242