3039 Lona DrSeviervilleTN37862
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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 3039 Lona Dr, Sevierville, TN, 37862 earns $325/mo cash flow from $2,958/mo rent with a $2,153/mo payment. Total monthly income totals $2,958/mo, and annual cash flow totals $3,897/yr on $145,830 capital. ROI tracks 22.58% on current figures, and rental yield reads 8.07% at a $439,909 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,539 over five years. Five-year ROI reaches 116.91% and total cumulative return in cash sums $170,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,958/mo property income instead of your personal income.
Single Family
Built in 1982
0.34 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
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Listed by: Tannor Giles • Your Home Sold Guaranteed Realty TN
Mls Name: My State MLS
Mls ID: #11572492