205 Ogle Dr #341Pigeon ForgeTN37863
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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 Pigeon Forge at 205 Ogle Dr #341, Pigeon Forge, TN, 37863 earns $252/mo cash flow from $2,198/mo rent with a $1,591/mo payment. Total monthly income totals $2,198/mo, and annual cash flow totals $3,027/yr on $107,738 capital. ROI tracks 22.72% on current figures, and rental yield reads 8.12% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 117.68% and total cumulative return in cash sums $126,781. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,198/mo property income instead of your personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37863, Pigeon Forge, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,366 (100%) |
| Owner Occupied HU | 1,481 (27.6%) |
| Renter Occupied HU | 1,225 (22.8%) |
| Vacant Housing Units | 2,660 (49.6%) |
| Median Home Value | $344,235 |
| Average Home Value | $431,803 |
Housing Distribution
Address Breakdown
Residential
3,357
Single Family
3,211
Multi-Family
146
Businesses
790
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Listed by: Karah Mae Chancey • Century 21 Legacy GP
Mls Name: Lakeway Area AOR
Mls ID: #709054