823 E Foothills 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 823 E Foothills Dr, Gatlinburg, TN, 37738 priced at $709,999 pairs $4,080/mo rent with after a $3,475/mo payment. Total monthly income equals $4,080/mo. Return on cash invested is 19.19% in year one, and rental yield stands at 6.9% on a $709,999 basis. Equity gained on principal adds $4,582/yr, and 5% annual appreciation accumulates to $196,160 by year five. Five-year ROI measures 98.66% and total cumulative return in cash reaches $230,471. For financing, Ziffy Mortgage’s DSCR program evaluates $4,080/mo property income against a $3,475/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.64 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: Brianne Miller • Epique Realty
Mls Name: East Tennessee Realtors
Mls ID: #1312822