5659 Matlock DrKnoxvilleTN37921
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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 5659 Matlock Dr, Knoxville, TN, 37921 uses $139,197 cash to close to unlock $5,767/yr annual cash flow and $481/mo monthly cash flow. Total monthly income runs $2,994/mo, and a $2,055/mo payment keeps the spread at $481/mo. Purchase price stands at $419,900, and rental yield measures 8.56% with $2,994/mo rent. Return on cash invested shows 24.05% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash records $173,724. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,994/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37921, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,368 (100%) |
| Owner Occupied HU | 7,465 (55.8%) |
| Renter Occupied HU | 4,852 (36.3%) |
| Vacant Housing Units | 1,051 ( 7.9%) |
| Median Home Value | $265,335 |
| Average Home Value | $323,885 |
Housing Distribution
Address Breakdown
Residential
12,538
Single Family
10,892
Multi-Family
1,646
Businesses
1,037
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