305 Meriwether WayPigeon ForgeTN37863
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 305 Meriwether Way, Pigeon Forge, TN, 37863 at $231,400 posts ROI 40.61% with $1,323/mo cash flow from $2,959/mo rent. Total monthly income equals $2,959/mo, and annual cash flow records $15,881/yr on $76,709 to close. Return on cash invested measures 40.61% and rental yield reads 15.34% at the current $231,400. Equity gained on principal adds $1,493/yr, and 5% annual appreciation supports $63,932 by year five. Five-year ROI prints 215.07% and total cumulative return in cash totals $164,978.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,959/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2007
1 Acres lot
$N/A/sqft
$250 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A