5000 Palace LnKnoxvilleTN37918
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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
Total monthly income runs $2,520/mo, and a $3,372/mo payment. Purchase price stands at $689,000, and rental yield measures 4.39% with $2,520/mo rent. Return on cash invested shows 11.57% in year one, and 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 57.81% and total cumulative return in cash records $131,034. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $3,372/mo payment rather than investor’s personal income.
Single Family
Built in 1995
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37918, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,018 (100%) |
| Owner Occupied HU | 14,239 (67.7%) |
| Renter Occupied HU | 5,803 (27.6%) |
| Vacant Housing Units | 976 ( 4.6%) |
| Median Home Value | $329,168 |
| Average Home Value | $356,874 |
Housing Distribution
Address Breakdown
Residential
20,467
Single Family
19,535
Multi-Family
932
Businesses
1,062
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