1006 Woullard WaySeviervilleTN37876
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sevierville at 1006 Woullard Way, Sevierville, TN, 37876 uses $121,826 cash to close to unlock $11,758/yr annual cash flow and $980/mo monthly cash flow. Total monthly income runs $3,240/mo, and a $1,799/mo payment keeps the spread at $980/mo. Purchase price stands at $367,500, and rental yield measures 10.58% with $3,240/mo rent. Return on cash invested shows 29.56% in year one, and 5% annual appreciation builds toward $101,533 over five years. Five-year ROI reaches 154.54% and total cumulative return in cash records $188,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,240/mo property income covering a $1,799/mo payment rather than investor’s personal income.
Condo
Built in 2017
435.60 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37876, Sevierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,008 (100%) |
| Owner Occupied HU | 10,602 (55.8%) |
| Renter Occupied HU | 3,518 (18.5%) |
| Vacant Housing Units | 4,888 (25.7%) |
| Median Home Value | $361,395 |
| Average Home Value | $411,435 |
Housing Distribution
Address Breakdown
Residential
15,519
Single Family
15,344
Multi-Family
175
Businesses
548
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Listed by: Charlene Dodson • MG Rise Real Estate Group
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1271589
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282. [Click here for more information](/info/mls-disclaimers/#mls_154)