118 E Jackson Ave #1KnoxvilleTN37915
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 118 E Jackson Ave #1, Knoxville, TN, 37915 in Knoxville at $435,500. Rental yield 6.12%. The 6.12% yield and 1.13 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $120,321 by year five, and $4,011/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $139,887.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.5% |
| Monthly Cash Flow | $(649) | $450 |
City averages based on Knoxville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,220 |
| Total Monthly Debt Service | $2,434 |
| DSCR Ratio | 0.91x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37915, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,495 (100%) |
| Owner Occupied HU | 656 (18.8%) |
| Renter Occupied HU | 2,499 (71.5%) |
| Vacant Housing Units | 340 ( 9.7%) |
| Median Home Value | $228,090 |
| Average Home Value | $327,396 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
2,361
Multi-Family
834
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37915, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,495 (100%) |
| Owner Occupied HU | 656 (18.8%) |
| Renter Occupied HU | 2,499 (71.5%) |
| Vacant Housing Units | 340 ( 9.7%) |
| Median Home Value | $228,090 |
| Average Home Value | $327,396 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
2,361
Multi-Family
834
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices