215 Valley DrPigeon 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 215 Valley Dr, Pigeon Forge, TN, 37863 offers $4,224/mo rent that, after a $2,447/mo payment, leaves $1,231/mo cash flow. Total monthly income is $4,224/mo, and annual cash flow is $14,774/yr on $165,750 cash. Return on cash invested measures 28.82% in year one, and rental yield stands at 10.14% at a $499,999 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 150.39% and total cumulative return in cash reaches $249,271. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,224/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
0.36 Acres 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: Eric McPeake • Mountain Home Realty
Mls Name: GSMAR, GSMMLS
Mls ID: #309782