477 McMahan RdPigeon 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
Investment property for sale in Pigeon Forge at 477 McMahan Rd, Pigeon Forge, TN, 37863 with 5% annual appreciation on a $425,000 basis while $2,798/mo rent supports operations. Total monthly income totals $2,798/mo and a $2,080/mo payment preserves $254/mo for cash returns. Annual cash flow comes to $3,048/yr on $140,888 deployed, and return on cash invested reaches 22.07% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 7.9%. Five-year ROI measures 114.21% and total cumulative return in cash totals $160,901.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,798/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
0.28 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
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Listed by: Emily Floyd • MG Rise Real Estate Group
Mls Name: GSMAR, GSMMLS
Mls ID: #309270