1321 New Era RdSeviervilleTN37876
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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
Total monthly income runs $2,640/mo, and a $4,160/mo payment. Purchase price stands at $849,900, and rental yield measures 3.73% with $2,640/mo rent. Return on cash invested shows 9.56% in year one, and 5% annual appreciation builds toward $234,812 over five years. Five-year ROI reaches 47.02% and total cumulative return in cash records $131,486. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1997
4.66 Acres 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: John Mendoza • Realty Executives Smoky Mounta
Mls Name: GSMAR, GSMMLS
Mls ID: #308425