3255 Truitt Path LnKnoxvilleTN37931
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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
Rental property for sale in Knoxville at 3255 Truitt Path Ln, Knoxville, TN, 37931 priced at $483,525 pairs $3,342/mo rent with $415/mo cash flow after a $2,367/mo payment. Total monthly income equals $3,342/mo, and annual cash flow comes to $4,976/yr on $160,289 invested. Return on cash invested is 23.01% in year one, and rental yield stands at 8.29% on a $483,525 basis. Equity gained on principal adds $3,120/yr, and 5% annual appreciation accumulates to $133,589 by year five. Five-year ROI measures 119.31% and total cumulative return in cash reaches $191,239. For financing, Ziffy Mortgage’s DSCR program evaluates $3,342/mo property income against a $2,367/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
$390 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37931, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 10,536 (75.4%) |
| Renter Occupied HU | 2,898 (20.7%) |
| Vacant Housing Units | 534 ( 3.8%) |
| Median Home Value | $378,506 |
| Average Home Value | $404,044 |
Housing Distribution
Address Breakdown
Residential
13,881
Single Family
12,775
Multi-Family
1,106
Businesses
384
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Listed by: Elizabeth Russell • Worley Builders, Inc.
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1301067
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.