6921 Old Rutledge PikeKnoxvilleTN37924
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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 6921 Old Rutledge Pike, Knoxville, TN, 37924 offers a 9.14% rental yield on a $170,000 purchase with $1,295/mo rent. Total monthly income registers $1,295/mo, and a $832/mo payment leaves $277/mo available for distribution. Annual cash flow reaches $3,329/yr on $56,355 to close, and return on cash invested stands at 25.82% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,968 over five years. Portfolio math shows five-year ROI at 134.29% and total cumulative return in cash at $75,681. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,295/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37924, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,007 (100%) |
| Owner Occupied HU | 4,392 (73.1%) |
| Renter Occupied HU | 1,233 (20.5%) |
| Vacant Housing Units | 382 ( 6.4%) |
| Median Home Value | $338,510 |
| Average Home Value | $374,341 |
Housing Distribution
Address Breakdown
Residential
6,036
Single Family
5,709
Multi-Family
327
Businesses
331
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