8027 Highway 297PioneerTN37847
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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
Rental property for sale in Pioneer at 8027 Highway 297, Pioneer, TN, 37847 generates $0/mo in rent, after a $978/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.75% in year one, and rental yield is 0% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37847, Pioneer, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,208 (100%) |
| Owner Occupied HU | 830 (68.7%) |
| Renter Occupied HU | 233 (19.3%) |
| Vacant Housing Units | 145 (12.0%) |
| Median Home Value | $120,000 |
| Average Home Value | $177,262 |
Housing Distribution
Address Breakdown
Residential
1,122
Single Family
1,122
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Blake Gray • Gray Real Estate Brokerage
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1278353
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. [Click here for more information](/info/mls-disclaimers/#mls_154)