2428 Limelight LnKnoxvilleTN37924
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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 2428 Limelight Ln, Knoxville, TN, 37924 offers a 9.96% rental yield on a $347,825 purchase with $2,886/mo rent. Total monthly income registers $2,886/mo, and a $1,702/mo payment leaves $804/mo available for distribution. Annual cash flow reaches $9,651/yr on $115,304 to close, and return on cash invested stands at 28.28% in year one. Equity gained on principal adds $2,244/yr while 5% annual appreciation supports $96,098 over five years. Portfolio math shows five-year ROI at 147.49% and total cumulative return in cash at $170,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,886/mo property income against a $1,702/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37924, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,392 (73.1%) |
| Renter Occupied HU | 1,233 (20.5%) |
| Vacant Housing Units | 382 ( 6.4%) |
| Median Home Value | $338,510 |
| Average Home Value | $374,341 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,709
Multi-Family
327
Businesses
331
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