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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corryton at 7417 Openview Ln, Corryton, TN, 37721 earns $138/mo cash flow from $2,233/mo rent with a $1,713/mo payment. Total monthly income totals $2,233/mo, and annual cash flow totals $1,655/yr on $116,025 capital. ROI tracks 21.34% on current figures, and rental yield reads 7.66% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 110.21% and total cumulative return in cash sums $127,874. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,233/mo property income instead of your personal income.
Single Family
Built in 2006
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 37721, Corryton, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 4,775 (79.4%) |
| Renter Occupied HU | 859 (14.3%) |
| Vacant Housing Units | 381 ( 6.3%) |
| Median Home Value | $320,399 |
| Average Home Value | $360,274 |
Residential
5,928
Single Family
5,928
Multi-Family
0
Businesses
120
Date | Event | Price |
|---|---|---|
| 2022-11-28 | Sold | $300,000 |
| 2022-10-18 | Pending sale | $319,900 |
| 2022-09-27 | Price change | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-01 | $822.00 | N/A | $52,900 | N/A |
| 2023-05-01 | $822.00 | N/A | $52,900 | N/A |
| 2022-05-01 | $822.00 | -14.46% | $52,900 | 16.65% |
Listed by: Julia Cook • Keller Williams Signature
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1299280
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.
