1081 Cove Rd APT 511SeviervilleTN37876
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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 APT 511, Sevierville, TN, 37876 earns $728/mo cash flow from $1,898/mo rent with a $636/mo payment. Total monthly income totals $1,898/mo, and annual cash flow totals $8,738/yr on $43,062 capital. ROI tracks 40.2% on current figures, and rental yield reads 17.53% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 215.43% and total cumulative return in cash sums $92,767. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,898/mo property income instead of your personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
$392 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: Jeannette Rios-Stutzman • Tennessee Tuesdee Real Estate, LLC
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1276358
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)