Altamont Townhome Plan, Spring Lake Farms TownhomesKnoxvilleTN37921
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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 Altamont Townhome Plan, Spring Lake Farms Townhomes, Knoxville, TN, 37921 with 5% annual appreciation on a $282,990 basis while $2,760/mo rent supports operations. Total monthly income totals $2,760/mo and a $1,385/mo payment preserves $1,066/mo for cash returns. Annual cash flow comes to $12,793/yr on $93,811 deployed, and return on cash invested reaches 33.55% in year one. Equity gained on principal adds $1,826/yr, and five-year appreciation sums $78,185 alongside rental yield of 11.7%. Five-year ROI measures 175.76% and total cumulative return in cash totals $164,879.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $1,385/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37921, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,368 (100%) |
| Owner Occupied HU | 7,465 (55.8%) |
| Renter Occupied HU | 4,852 (36.3%) |
| Vacant Housing Units | 1,051 ( 7.9%) |
| Median Home Value | $265,335 |
| Average Home Value | $323,885 |
Housing Distribution
Address Breakdown
Residential
12,538
Single Family
10,892
Multi-Family
1,646
Businesses
1,037
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