406 Contentment LnKnoxvilleTN37920
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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 406 Contentment Ln, Knoxville, TN, 37920 generates $2,102/mo in rent and, after a $1,708/mo payment, leaves $13/mo in cash flow. Total monthly income is $2,102/mo, and annual cash flow is $156/yr on $115,694 invested. Return on cash invested sits at 20.04% in year one, and rental yield is 7.23% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 103.35% and total cumulative return in cash sums $119,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,102/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.25 Acres 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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Listed by: Daniel Blevins • Blevins Grp, Realty Executives
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1301244
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.