11036 Thornton DrKnoxvilleTN37934
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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 Knoxville at 11036 Thornton Dr, Knoxville, TN, 37934 uses $116,025 cash to close to unlock $1,811/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $2,246/mo, and a $1,713/mo payment keeps the spread at $151/mo. Purchase price stands at $350,000, and rental yield measures 7.7% with $2,246/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 110.94% and total cumulative return in cash records $128,714. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,246/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.53 Acres lot
$N/A/sqft
No HOA
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Listed by: Luke Wright • Alliance Sotheby's International
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1303583
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.