3025 Hickory 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
Investment property for sale in Pigeon Forge at 3025 Hickory Dr, Pigeon Forge, TN, 37863 listed at $125,000 pairs $969/mo rent with a $612/mo payment to leave $221/mo cash flow. Total monthly income runs $969/mo, and annual cash flow reaches $2,646/yr on $41,438 cash to close. Return on cash invested measures 26.3% in year one, and rental yield registers 9.3% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 136.87% and total cumulative return in cash totals $56,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $969/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
9,147 sqft 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: Don Rolfe • ReMax Preferred Properties, In
Mls Name: East Tennessee Realtors
Mls ID: #1324901