Under $200K Investment Properties for Sale in Sevierville, TN

Why Invest in Sevierville, Tennessee?

Sevierville, TN offers strong investment potential in properties under $200k, particularly condos and small homes near tourist attractions. Proximity to Dollywood and the Great Smoky Mountains drives consistent rental demand from visitors. Average rental yields around 8-10% make these affordable units attractive for cash flow-focused investors. Annual appreciation of 4-6% reflects growing popularity among retirees and second-home buyers. Low entry prices combined with tourism stability support long-term holding strategies.

9.5%
Avg. ROI
9.2%
Rental Yield
8.7%
Cap Rate
$650/mo
Avg. Cash Flow
$1050/mo
Avg. Rent
5.1%
1Y Appreciation

Frequently Asked Questions

Yes, Sevierville offers numerous condos and small homes under $200k, many in resort-style complexes ideal for short-term rentals. These properties average 1-2 bedrooms with rents of $900-1,200 monthly. Tourist demand ensures high occupancy for investors.

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