6833 Langston DrKnoxvilleTN37918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6833 Langston Dr, Knoxville, TN, 37918 generates $1,749/mo in rent and, after a $1,223/mo payment, leaves $253/mo in cash flow. Total monthly income is $1,749/mo, and annual cash flow is $3,038/yr on $82,842 invested. Return on cash invested sits at 23.58% in year one, and rental yield is 8.4% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 122.29% and total cumulative return in cash sums $101,306. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,749/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.43 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices