523 Apple View Way APT 409SeviervilleTN37862
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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 Sevierville at 523 Apple View Way APT 409, Sevierville, TN, 37862 listed at $475,000 pairs $3,527/mo rent with a $2,325/mo payment to leave $473/mo cash flow. Total monthly income runs $3,527/mo, and annual cash flow reaches $5,682/yr on $157,463 cash to close. Return on cash invested measures 23.52% in year one, and rental yield registers 8.91% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 122.5% and total cumulative return in cash totals $192,895. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,527/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
435.60 sqft lot
$N/A/sqft
$210 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37862, Sevierville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,220 (100%) |
| Owner Occupied HU | 6,004 (42.2%) |
| Renter Occupied HU | 3,991 (28.1%) |
| Vacant Housing Units | 4,225 (29.7%) |
| Median Home Value | $450,911 |
| Average Home Value | $486,299 |
Housing Distribution
Address Breakdown
Residential
11,480
Single Family
10,567
Multi-Family
913
Businesses
1,201
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Listed by: Shannon McRoberts • Century 21 MVP
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1307824
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. Information is deemed reliable but not guaranteed. Listing Information presented by local MLS brokerage: Zillow, Inc., local broker - Hendrik Van Leesten - (865) 378-5282.