1081 Cove Rd APT 1034SeviervilleTN37876
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 1081 Cove Rd APT 1034, Sevierville, TN, 37876 earns $316/mo cash flow from $1,363/mo rent with a $856/mo payment. Total monthly income totals $1,363/mo, and annual cash flow totals $3,793/yr on $57,979 capital. ROI tracks 26.45% on current figures, and rental yield reads 9.35% at a $174,900 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,322 over five years. Five-year ROI reaches 137.74% and total cumulative return in cash sums $79,860. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,363/mo property income instead of your personal income.
Condo
Built in 1977
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: Rob Dansereau • Alliance Sotheby's International
Mls Name: East Tennessee Realtors
Mls ID: #1325995