8039 Tree Line LnCorrytonTN37721
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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 Corryton at 8039 Tree Line Ln, Corryton, TN, 37721 priced at $357,325 converts $2,388/mo rent into $224/mo cash flow after a $1,749/mo obligation. Total monthly income equals $2,388/mo, and annual cash flow totals $2,687/yr on $118,453 invested. Return on cash invested prints 22.18% in year one, and rental yield reads 8.02% against a $357,325 entry. Equity gained on principal adds $2,306/yr, while 5% annual appreciation compiles into $98,722 by year five. Five-year ROI reaches 114.83% and total cumulative return in cash sums $136,018. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,388/mo property income covering a $1,749/mo payment, not borrower’s personal income.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37721, Corryton, TN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,928
Single Family
5,928
Multi-Family
0
Businesses
120
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Listed by: Lisa Raben • Southland Realtors, Inc
Mls Name: East Tennessee Realtors
Mls Provider:
Mls ID: #1294598
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.