6801 Conover 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 6801 Conover Ln, Knoxville, TN, 37918 listed at $361,860 pairs $2,605/mo rent with a $1,771/mo payment to leave $406/mo cash flow. Total monthly income runs $2,605/mo, and annual cash flow reaches $4,868/yr on $119,957 cash to close. Return on cash invested measures 23.97% in year one, and rental yield registers 8.64% at a $361,860 basis. Equity gained on principal adds $2,335/yr, and annual property appreciation at 5% supports $99,975 by year five. Five-year ROI tracks 124.46% and total cumulative return in cash totals $149,297. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,605/mo property income relative to a $1,771/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
9,147 sqft lot
$N/A/sqft
$400 annually 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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Listed by: Hascena Price • D.R. Horton
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1297879
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.