375 Sugar Mountain 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
Rental property for sale in Pigeon Forge at 375 Sugar Mountain Way, Pigeon Forge, TN, 37863 generates $2,525/mo in rent, after a $2,203/mo payment. Total monthly income is $2,525/mo. Return on cash invested sits at 18.55% in year one, and rental yield is 6.73% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 95.27% and total cumulative return in cash sums $142,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,525/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.36 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kateryna Melnikov • eXp Realty, LLC 7765
Mls Name: GSMAR, GSMMLS
Mls Provider:
Mls ID: #305764
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited. Information is deemed reliable but not guaranteed. Copyright 2025 Great Smoky Mountains Association of REALTORS. All rights reserved.