532 Blackberry Ridge 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 532 Blackberry Ridge Way, Pigeon Forge, TN, 37863 offers $2,557/mo rent that, after a $2,736/mo payment. Total monthly income is $2,557/mo. Return on cash invested measures 14.32% in year one, and rental yield stands at 5.49% at a $559,000 entry. Equity gained on principal adds $3,607/yr while 5% annual appreciation compounds into $154,441 by year five. Five-year ROI records 72.79% and total cumulative return in cash reaches $133,875. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,557/mo property income versus a $2,736/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
435.60 sqft lot
$N/A/sqft
$90 monthly 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: Derek Tellier • eXp Realty, LLC 7765
Mls Name: GSMAR, GSMMLS
Mls Provider:
Mls ID: #301485
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