5602 W Martin Mill PikeKnoxvilleTN37920
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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 5602 W Martin Mill Pike, Knoxville, TN, 37920 uses $81,184 cash to close to unlock $8,324/yr annual cash flow and $694/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,199/mo payment keeps the spread at $694/mo. Purchase price stands at $244,900, and rental yield measures 10.58% with $2,160/mo rent. Return on cash invested shows 30.16% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 157.59% and total cumulative return in cash records $127,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1945
1.05 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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