1616 Walt Price RdSeviervilleTN37876
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
Rental property for sale in Sevierville at 1616 Walt Price Rd, Sevierville, TN, 37876 offers $1,968/mo rent that, after a $1,762/mo payment. Total monthly income is $1,968/mo. Return on cash invested measures 18.03% in year one, and rental yield stands at 6.56% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 92.53% and total cumulative return in cash reaches $110,390. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,968/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.84 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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Nearby investment properties with comparable prices
Listed by: Matt Berger • Keller Williams Smoky Mountain
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #703047
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. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.