5309 Oak Glade LnKnoxvilleTN37918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5309 Oak Glade Ln, Knoxville, TN, 37918 priced at $815,000 converts $4,050/mo rent into after a $3,989/mo obligation. Total monthly income equals $4,050/mo. Return on cash invested prints 16.35% in year one, and rental yield reads 5.96% against a $815,000 entry. Equity gained on principal adds $5,259/yr, while 5% annual appreciation compiles into $225,169 by year five. Five-year ROI reaches 83.47% and total cumulative return in cash sums $223,801. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,050/mo property income covering a $3,989/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.87 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices