5800 Summer Grove LnKnoxvilleTN37931
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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 5800 Summer Grove Ln, Knoxville, TN, 37931 listed at $438,000 pairs $3,342/mo rent with a $2,144/mo payment to leave $703/mo cash flow. Total monthly income runs $3,342/mo, and annual cash flow reaches $8,438/yr on $145,197 cash to close. Return on cash invested measures 25.72% in year one, and rental yield registers 9.16% at a $438,000 basis. Equity gained on principal adds $2,826/yr, and annual property appreciation at 5% supports $121,011 by year five. Five-year ROI tracks 133.81% and total cumulative return in cash totals $194,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,342/mo property income relative to a $2,144/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
6,534 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37931, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,968 (100%) |
| Owner Occupied HU | 10,536 (75.4%) |
| Renter Occupied HU | 2,898 (20.7%) |
| Vacant Housing Units | 534 ( 3.8%) |
| Median Home Value | $378,506 |
| Average Home Value | $404,044 |
Housing Distribution
Address Breakdown
Residential
13,881
Single Family
12,775
Multi-Family
1,106
Businesses
384
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Listed by: Teresa Yokley • Realty Executives Associates
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1280225
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. [Click here for more information](/info/mls-disclaimers/#mls_154)