








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Sevierville at 3017 Walters Way, Sevierville, TN, 37862 at $625,000 posts ROI 15.03% with from $2,880/mo rent. Total monthly income equals $2,880/mo. Return on cash invested measures 15.03% and rental yield reads 5.53% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 76.4% and total cumulative return in cash totals $157,093. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 37862, Sevierville, TN area.
| 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 |
Residential
11,480
Single Family
10,567
Multi-Family
913
Businesses
1,201
Date | Event | Price |
|---|---|---|
| 2025-05-14 | Listed for sale | $625,000 |
| 2025-01-23 | Listing removed | $1,314,000 |
| 2025-01-10 | Price change | $1,314,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $1717.98 | N/A | $116,080 | N/A |
| 2023-05-15 | $1717.98 | 60.00% | $116,080 | 60.00% |
| 2022-05-15 | $1073.74 | N/A | $72,550 | N/A |



Listed by: Ann Pulgar • Meta Group Real Estate
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1301040
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.