6021 Frontier TrlKnoxvilleTN37920
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 6021 Frontier Trl, Knoxville, TN, 37920 priced at $375,000 converts $2,623/mo rent into $379/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,623/mo, and annual cash flow totals $4,543/yr on $124,313 invested. Return on cash invested prints 23.56% in year one, and rental yield reads 8.39% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 122.18% and total cumulative return in cash sums $151,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,623/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LeeAnne Johnson • United Real Estate Solutions
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1282548
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)