319 Hermitage DrKnoxvilleTN37920
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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 319 Hermitage Dr, Knoxville, TN, 37920 at $291,300 posts ROI 23.94% with $324/mo cash flow from $2,068/mo rent. Total monthly income equals $2,068/mo, and annual cash flow records $3,888/yr on $96,566 to close. Return on cash invested measures 23.94% and rental yield reads 8.52% at the current $291,300. Equity gained on principal adds $1,880/yr, and 5% annual appreciation supports $80,481 by year five. Five-year ROI prints 124.15% and total cumulative return in cash totals $119,884.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,068/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37920, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,325 (100%) |
| Owner Occupied HU | 12,056 (56.5%) |
| Renter Occupied HU | 7,183 (33.7%) |
| Vacant Housing Units | 2,086 ( 9.8%) |
| Median Home Value | $321,575 |
| Average Home Value | $381,042 |
Housing Distribution
Address Breakdown
Residential
20,256
Single Family
18,456
Multi-Family
1,800
Businesses
895
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