503 Dollywood Ln #111Pigeon 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 503 Dollywood Ln #111, Pigeon Forge, TN, 37863 listed at $405,500 pairs $3,013/mo rent with a $1,985/mo payment to leave $585/mo cash flow. Total monthly income runs $3,013/mo, and annual cash flow reaches $7,024/yr on $134,423 cash to close. Return on cash invested measures 25.13% in year one, and rental yield registers 8.92% at a $405,500 basis. Equity gained on principal adds $2,617/yr, and annual property appreciation at 5% supports $112,032 by year five. Five-year ROI tracks 130.61% and total cumulative return in cash totals $175,575. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,013/mo property income relative to a $1,985/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
435.60 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: The Jason White Team • Century 21 Legacy GP
Mls Name: GSMAR, GSMMLS
Mls ID: #308157