225 Collier Dr #1215SeviervilleTN37862
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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 225 Collier Dr #1215, Sevierville, TN, 37862 listed at $319,500 pairs $1,650/mo rent with a $1,564/mo payment. Total monthly income runs $1,650/mo. Return on cash invested measures 16.93% in year one, and rental yield registers 6.2% at a $319,500 basis. Equity gained on principal adds $2,062/yr, and annual property appreciation at 5% supports $88,272 by year five. Five-year ROI tracks 86.64% and total cumulative return in cash totals $91,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,650/mo property income relative to a $1,564/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
435.60 sqft 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: Lesley Adams • Homes of The Smokies LLC
Mls Name: East Tennessee Realtors
Mls ID: #1325169