1081 Cove Rd #103SeviervilleTN37876
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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 Sevierville at 1081 Cove Rd #103, Sevierville, TN, 37876 uses $83,836 cash to close to unlock $6,311/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,238/mo payment keeps the spread at $526/mo. Purchase price stands at $252,900, and rental yield measures 9.68% with $2,040/mo rent. Return on cash invested shows 27.44% in year one, and 5% annual appreciation builds toward $69,872 over five years. Five-year ROI reaches 142.93% and total cumulative return in cash records $119,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,238/mo payment rather than investor’s personal income.
Single Family
Built in 2024
435.60 sqft lot
$N/A/sqft
No 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: Sarah R Suttles • TN Real Estate & Auction, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1319143