3118 Mountain Grace LnSeviervilleTN37876
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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
Rental property for sale in Sevierville at 3118 Mountain Grace Ln, Sevierville, TN, 37876 generates $7,152/mo in rent and, after a $3,664/mo payment, leaves $2,671/mo in cash flow. Total monthly income is $7,152/mo, and annual cash flow is $32,051/yr on $246,257 invested. Return on cash invested sits at 33.08% in year one, and rental yield is 11.47% on a $748,500 entry. Equity gained on principal adds $4,830/yr, while 5% annual appreciation builds toward $206,797 over five years. Five-year ROI reaches 173.14% and total cumulative return in cash sums $426,363. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,152/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37876, Sevierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,008 (100%) |
| Owner Occupied HU | 10,602 (55.8%) |
| Renter Occupied HU | 3,518 (18.5%) |
| Vacant Housing Units | 4,888 (25.7%) |
| Median Home Value | $361,395 |
| Average Home Value | $411,435 |
Housing Distribution
Address Breakdown
Residential
15,519
Single Family
15,344
Multi-Family
175
Businesses
548
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Listed by: Matt Maloney • Prime Mountain Properties
Mls Name: East Tennessee Realtors
Mls ID: #1314533