1211 Highland Ave APT 206KnoxvilleTN37916
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1211 Highland Ave APT 206, Knoxville, TN, 37916 in Knoxville earns a respectable 8.1% gross yield at $239,900, but after the $1,079/mo mortgage the net cash flow is $27/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.50) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $66,280 over five years, making equity the dominant return driver. Total projected return: $102,621.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.5% |
| Monthly Cash Flow | $27 | $450 |
City averages based on Knoxville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,620 |
| Total Monthly Debt Service | $1,341 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37916, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,970 (100%) |
| Owner Occupied HU | 168 ( 4.2%) |
| Renter Occupied HU | 2,908 (73.2%) |
| Vacant Housing Units | 894 (22.5%) |
| Median Home Value | $295,122 |
| Average Home Value | $440,859 |
Housing Distribution
Address Breakdown
Residential
3,288
Single Family
1,769
Multi-Family
1,519
Businesses
225
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 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37916, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,970 (100%) |
| Owner Occupied HU | 168 ( 4.2%) |
| Renter Occupied HU | 2,908 (73.2%) |
| Vacant Housing Units | 894 (22.5%) |
| Median Home Value | $295,122 |
| Average Home Value | $440,859 |
Housing Distribution
Address Breakdown
Residential
3,288
Single Family
1,769
Multi-Family
1,519
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices