122 Stadium Way Ave #516KnoxvilleTN37915
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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 122 Stadium Way Ave #516, Knoxville, TN, 37915 listed at $1,503,975 pairs $2,220/mo rent with a $7,361/mo payment. Total monthly income runs $2,220/mo. Return on cash invested measures 3.67% in year one, and rental yield registers 1.77% at a $1,503,975 basis. Equity gained on principal adds $9,705/yr, and annual property appreciation at 5% supports $415,521 by year five. Five-year ROI tracks 15.38% and total cumulative return in cash totals $74,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,220/mo property income relative to a $7,361/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
0.61 Acres 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
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