1724 Red Fox Ridge WaySeviervilleTN37862
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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 1724 Red Fox Ridge Way, Sevierville, TN, 37862 earns $1,380/mo cash flow from $4,224/mo rent with a $2,325/mo payment. Total monthly income totals $4,224/mo, and annual cash flow totals $16,566/yr on $157,463 capital. ROI tracks 30.43% on current figures, and rental yield reads 10.67% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 159% and total cumulative return in cash sums $250,363. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,224/mo property income instead of your personal income.
Single Family
Built in 1995
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37862, Sevierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,220 (100%) |
| Owner Occupied HU | 6,004 (42.2%) |
| Renter Occupied HU | 3,991 (28.1%) |
| Vacant Housing Units | 4,225 (29.7%) |
| Median Home Value | $450,911 |
| Average Home Value | $486,299 |
Housing Distribution
Address Breakdown
Residential
11,480
Single Family
10,567
Multi-Family
913
Businesses
1,201
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Listed by: Shannon Helton • Mountain Home Realty
Mls Name: Lakeway Area AOR
Mls Provider:
Mls ID: #704921
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.