647 Kristis PlGatlinburgTN37738
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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 647 Kristis Pl, Gatlinburg, TN, 37738 priced at $1,499,000 converts $6,000/mo rent into after a $7,337/mo obligation. Total monthly income equals $6,000/mo. Return on cash invested prints 13.02% in year one, and rental yield reads 4.8% against a $1,499,000 entry. Equity gained on principal adds $9,673/yr, while 5% annual appreciation compiles into $414,146 by year five. Five-year ROI reaches 65.54% and total cumulative return in cash sums $318,333. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,000/mo property income covering a $7,337/mo payment, not borrower’s personal income.
Single Family
Built in 2020
0.69 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: Ryan Coleman • Hometown Realty, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1324916