624 Valley Hill LnKnoxvilleTN37922
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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
Rental property for sale in Knoxville at 624 Valley Hill Ln, Knoxville, TN, 37922 priced at $979,000 converts $3,474/mo rent into after a $4,792/mo obligation. Total monthly income equals $3,474/mo. Return on cash invested prints 11.17% in year one, and rental yield reads 4.26% against a $979,000 entry. Equity gained on principal adds $6,317/yr, while 5% annual appreciation compiles into $270,480 by year five. Five-year ROI reaches 55.67% and total cumulative return in cash sums $179,314. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,474/mo property income covering a $4,792/mo payment, not borrower’s personal income.
Single Family
Built in 1999
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37922, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,926 (100%) |
| Owner Occupied HU | 12,993 (76.8%) |
| Renter Occupied HU | 2,980 (17.6%) |
| Vacant Housing Units | 953 ( 5.6%) |
| Median Home Value | $552,603 |
| Average Home Value | $623,962 |
Housing Distribution
Address Breakdown
Residential
16,382
Single Family
15,541
Multi-Family
841
Businesses
1,315
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