6360 Love Song LnKnoxvilleTN37914
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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 6360 Love Song Ln, Knoxville, TN, 37914 uses $115,992 cash to close to unlock $4,812/yr annual cash flow and $401/mo monthly cash flow. Total monthly income runs $2,496/mo, and a $1,713/mo payment keeps the spread at $401/mo. Purchase price stands at $349,900, and rental yield measures 8.56% with $2,496/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 124.86% and total cumulative return in cash records $144,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,496/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Condo
Built in 2001
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37914, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,925 (100%) |
| Owner Occupied HU | 5,926 (59.7%) |
| Renter Occupied HU | 2,954 (29.8%) |
| Vacant Housing Units | 1,045 (10.5%) |
| Median Home Value | $308,045 |
| Average Home Value | $387,599 |
Housing Distribution
Address Breakdown
Residential
9,498
Single Family
8,981
Multi-Family
517
Businesses
723
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