home in Knoxville, TN
This property is located in Knoxville, TN.
| Price | $99,900 |
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| Address | 5817 Ridgewood Rd, Knoxville, TN 37918 |
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Why buy this home
- Links directly to the original source listing on Trulia.
Is this a good buy?
Not enough comparable sales to call the price yet.
- New to market (3 days), so expect competition.
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $640/month with 20% down at a 7.28% 30-year fixed rate. You would need about $27,431 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $547/mo |
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| Property tax (new-buyer reassessed rate) | $56/mo |
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| Homeowners insurance | $37/mo |
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| Total monthly | $640/mo |
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| Down payment (20%) | $19,980 |
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| Income needed | $27,431/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B- (68 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B- (68/100) |
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| Beats renting in | 24% of modeled paths |
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| Modeled 5-yr equity (median) | $52,102 |
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| Range (10th to 90th pct) | $32,008 to $75,686 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Knoxville, TN where local data is thin.
Local home values
Typical home values in Knoxville, TN have risen about 41% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia