1424 Old Knoxville Hwy #12064/66SeviervilleTN37876
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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 1424 Old Knoxville Hwy #12064/66, Sevierville, TN, 37876 offers a 4.35% rental yield on a $524,000 purchase with $1,898/mo rent. 44% in year one. Equity gained on principal adds $3,381/yr while 5% annual appreciation supports $144,772 over five years. Portfolio math shows five-year ROI at 57.09% and total cumulative return in cash at $98,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,898/mo property income against a $2,565/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2009
N/A 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: Bradley Walker • Keller Williams Realty
Mls Name: East Tennessee Realtors
Mls ID: #1324136