307 Hicks 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 307 Hicks Dr, Sevierville, TN, 37862 with 5% annual appreciation on a $634,000 basis while $4,140/mo rent supports operations. Total monthly income totals $4,140/mo and a $3,103/mo payment preserves $345/mo for cash returns. Annual cash flow comes to $4,139/yr on $208,586 deployed, and return on cash invested reaches 22.04% in year one. Equity gained on principal adds $4,091/yr, and five-year appreciation sums $175,163 alongside rental yield of 7.84%. Five-year ROI measures 113.99% and total cumulative return in cash totals $237,762.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,140/mo property income versus a $3,103/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.42 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: The Jason White Team • Century 21 Legacy GP
Mls Name: GSMAR, GSMMLS
Mls ID: #307056