205 Ogle Dr #444Pigeon 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
Rental property for sale in Pigeon Forge at 205 Ogle Dr #444, Pigeon Forge, TN, 37863 generates $2,855/mo in rent, after a $2,447/mo payment. Total monthly income is $2,855/mo. Return on cash invested sits at 16.46% in year one, and rental yield is 6.85% on a $499,990 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,138 over five years. Five-year ROI reaches 84.96% and total cumulative return in cash sums $140,825. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,855/mo property income rather than buyer’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$339 monthly 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: Tannor Giles • Your Home Sold Guaranteed Realty TN
Mls Name: My State MLS
Mls ID: #11359539