5816 Melstone RdKnoxvilleTN37912
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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 5816 Melstone Rd, Knoxville, TN, 37912 listed at $362,000 pairs $2,652/mo rent with a $1,772/mo payment to leave $485/mo cash flow. Total monthly income runs $2,652/mo, and annual cash flow reaches $5,818/yr on $120,003 cash to close. Return on cash invested measures 24.76% in year one, and rental yield registers 8.79% at a $362,000 basis. Equity gained on principal adds $2,336/yr, and annual property appreciation at 5% supports $100,014 by year five. Five-year ROI tracks 128.57% and total cumulative return in cash totals $154,285. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,652/mo property income relative to a $1,772/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37912, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,120 (100%) |
| Owner Occupied HU | 5,658 (50.9%) |
| Renter Occupied HU | 4,755 (42.8%) |
| Vacant Housing Units | 707 ( 6.4%) |
| Median Home Value | $231,754 |
| Average Home Value | $293,619 |
Housing Distribution
Address Breakdown
Residential
10,920
Single Family
9,411
Multi-Family
1,509
Businesses
941
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