130 Durwood Rd UNIT EKnoxvilleTN37922
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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 130 Durwood Rd UNIT E, Knoxville, TN, 37922 priced at $255,000 converts $1,778/mo rent into $252/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,778/mo, and annual cash flow totals $3,020/yr on $84,533 invested. Return on cash invested prints 23.48% in year one, and rental yield reads 8.37% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 121.74% and total cumulative return in cash sums $102,908. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,778/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 37922, Knoxville, TN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,926 (100%) |
| Owner Occupied HU | 12,993 (76.8%) |
| Renter Occupied HU | 2,980 (17.6%) |
| Vacant Housing Units | 953 ( 5.6%) |
| Median Home Value | $552,603 |
| Average Home Value | $623,962 |
Housing Distribution
Address Breakdown
Residential
16,382
Single Family
15,541
Multi-Family
841
Businesses
1,315
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