6819 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
Rental property for sale in Knoxville at 6819 Conover Ln, Knoxville, TN, 37918 priced at $354,860 pairs $2,440/mo rent with $282/mo cash flow after a $1,737/mo payment. Total monthly income equals $2,440/mo, and annual cash flow comes to $3,387/yr on $117,636 invested. Return on cash invested is 22.79% in year one, and rental yield stands at 8.25% on a $354,860 basis. Equity gained on principal adds $2,290/yr, and 5% annual appreciation accumulates to $98,041 by year five. Five-year ROI measures 118.16% and total cumulative return in cash reaches $139,000. For financing, Ziffy Mortgage’s DSCR program evaluates $2,440/mo property income against a $1,737/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
9,583 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: #1298575
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.