685 River Rd #307GatlinburgTN37738
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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 685 River Rd #307, Gatlinburg, TN, 37738 earns $124/mo cash flow from $1,620/mo rent with a $1,223/mo payment. Total monthly income totals $1,620/mo, and annual cash flow totals $1,492/yr on $82,809 capital. ROI tracks 21.71% on current figures, and rental yield reads 7.78% at a $249,800 purchase. Equity gained on principal adds $1,612/yr, and 5% annual appreciation supports $69,015 over five years. Five-year ROI reaches 112.27% and total cumulative return in cash sums $92,971. 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 1985
N/A 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: Karen Mosher • Zach Taylor Real Estate
Mls Name: East Tennessee Realtors
Mls ID: #1320758