987 Belle Meadows BlvdSeviervilleTN37862
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 Sevierville at 987 Belle Meadows Blvd, Sevierville, TN, 37862 generates $2,617/mo in rent and, after a $1,762/mo payment, leaves $413/mo in cash flow. Total monthly income is $2,617/mo, and annual cash flow is $4,957/yr on $119,307 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 8.73% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 125.07% and total cumulative return in cash sums $149,222. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,617/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
1 Acres lot
$N/A/sqft
$49 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sevar Kawany • simpliHOM
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2756673
Disclaimer: Based on information submitted to the MLS GRID as of 2024-11-11 03:31:18 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_99)