6521 Deane Hill Dr APT 1KnoxvilleTN37919
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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 6521 Deane Hill Dr APT 1, Knoxville, TN, 37919 uses $91,826 cash to close to unlock $2,947/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,904/mo, and a $1,356/mo payment keeps the spread at $246/mo. Purchase price stands at $277,000, and rental yield measures 8.25% with $1,904/mo rent. Return on cash invested shows 23.12% in year one, and 5% annual appreciation builds toward $76,530 over five years. Five-year ROI reaches 119.81% and total cumulative return in cash records $110,019. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,904/mo property income covering a $1,356/mo payment rather than investor’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37919, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,978 (100%) |
| Owner Occupied HU | 8,303 (52.0%) |
| Renter Occupied HU | 6,467 (40.5%) |
| Vacant Housing Units | 1,208 ( 7.6%) |
| Median Home Value | $537,151 |
| Average Home Value | $624,147 |
Housing Distribution
Address Breakdown
Residential
15,273
Single Family
10,960
Multi-Family
4,313
Businesses
2,134
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