522 Tanasi TrlPigeon 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 522 Tanasi Trl, Pigeon Forge, TN, 37863 priced at $475,000 converts $2,196/mo rent into after a $2,325/mo obligation. Total monthly income equals $2,196/mo. Return on cash invested prints 14.97% in year one, and rental yield reads 5.55% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 76.12% and total cumulative return in cash sums $119,863. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,196/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2003
4,356 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grace Raper • eXp Realty, LLC
Mls Name: East Tennessee Realtors
Mls ID: #1326690