11635 Edison DrKnoxvilleTN37932
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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 Knoxville at 11635 Edison Dr, Knoxville, TN, 37932 generates $3,512/mo in rent and, after a $2,496/mo payment, leaves $459/mo in cash flow. Total monthly income is $3,512/mo, and annual cash flow is $5,511/yr on $167,790 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.26% on a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 120.98% and total cumulative return in cash sums $202,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,512/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37932, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,530 (100%) |
| Owner Occupied HU | 7,217 (62.6%) |
| Renter Occupied HU | 3,418 (29.6%) |
| Vacant Housing Units | 895 ( 7.8%) |
| Median Home Value | $462,779 |
| Average Home Value | $535,608 |
Housing Distribution
Address Breakdown
Residential
10,439
Single Family
8,816
Multi-Family
1,623
Businesses
766
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