6620 Collins LnKnoxvilleTN37918
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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 6620 Collins Ln, Knoxville, TN, 37918 earns $249/mo cash flow from $1,536/mo rent with a $1,052/mo payment. Total monthly income totals $1,536/mo, and annual cash flow totals $2,993/yr on $71,239 capital. ROI tracks 24.11% on current figures, and rental yield reads 8.58% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 125.15% and total cumulative return in cash sums $89,154. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,536/mo property income instead of your personal income.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37918, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,018 (100%) |
| Owner Occupied HU | 14,239 (67.7%) |
| Renter Occupied HU | 5,803 (27.6%) |
| Vacant Housing Units | 976 ( 4.6%) |
| Median Home Value | $329,168 |
| Average Home Value | $356,874 |
Housing Distribution
Address Breakdown
Residential
20,467
Single Family
19,535
Multi-Family
932
Businesses
1,062
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