3508 Peggy LnPigeon 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
Total monthly income runs $2,237/mo, and a $2,740/mo payment. Purchase price stands at $559,900, and rental yield measures 4.79% with $2,237/mo rent. Return on cash invested shows 12.8% in year one, and 5% annual appreciation builds toward $154,690 over five years. Five-year ROI reaches 64.42% and total cumulative return in cash records $118,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,237/mo property income covering a $2,740/mo payment rather than investor’s personal income.
Single Family
Built in 1990
10,018 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: Jenna Flynn • Flynn Realty
Mls Name: East Tennessee Realtors
Mls ID: #1323384