1132 Connecticut AveKnoxvilleTN37921
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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 1132 Connecticut Ave, Knoxville, TN, 37921 offers a 10.78% rental yield on a $240,500 purchase with $2,160/mo rent. Total monthly income registers $2,160/mo, and a $1,177/mo payment leaves $720/mo available for distribution. Annual cash flow reaches $8,645/yr on $79,726 to close, and return on cash invested stands at 30.75% in year one. Equity gained on principal adds $1,552/yr while 5% annual appreciation supports $66,446 over five years. Portfolio math shows five-year ROI at 160.77% and total cumulative return in cash at $128,175. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $1,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,534 sqft 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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