2069 Little Creek WaySeviervilleTN37862
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 2069 Little Creek Way, Sevierville, TN, 37862 priced at $609,900 converts $2,317/mo rent into after a $2,985/mo obligation. Total monthly income equals $2,317/mo. Return on cash invested prints 12.08% in year one, and rental yield reads 4.56% against a $609,900 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,504 by year five. Five-year ROI reaches 60.59% and total cumulative return in cash sums $121,584. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,317/mo property income covering a $2,985/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.71 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Kirkland • Realty Executives Associates Knox
Mls Name: GSMAR, GSMMLS
Mls ID: #306531